Friday, June 28, 2013

Weekly Stock Market Overview - June 28, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 110.20 points or 0.74%. The Standard & Poor's 500 Index gained 13.85 points or 0.87%, while the Nasdaq Composite gained 46.00 points or 1.37%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.98%) last week followed by the Consumer Discretionary Select Sector SPDR sector (2.46%). The Materials Select Sector SPDR sector was the worst performing sector (-1.13%) of the week followed by the Energy Select Sector SPDR sector (0.17%).

The Services sector is the most overvalued sector followed by Industrial Goods, while Aerospace/Defense-Maj Dvd, Electronics Stores, and Specialty Eateries are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Consumer Goods, while Dairy Products, Home Furnishings/Fixtures, and Beverages-Brewers are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.16% THC Tenet Healthcare Corp. Health Care
10.12% HSP Hospira Inc. Health Care
9.27% HAR Harman Int'l Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.26% WAG Walgreen Co. Consumer Staples
-9.13% AGN Allergan, Inc. Health Care
-8.50% BTU Peabody Energy Corp Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 12
Uptrend Support 22
Uptrend Exhaustion 1
Uptrend Broken Support 2
Downtrend Resistance 0
Oversold 9