Friday, July 12, 2013

Weekly Stock Market Overview - July 12, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 328.46 points or 2.17%. The Standard & Poor's 500 Index gained 48.30 points or 2.96%, while the Nasdaq Composite gained 120.70 points or 3.47%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (4.72%) last week followed by the Consumer Staples Select Sector SPDR sector (3.50%). The Technology Select Sector SPDR sector was the worst performing sector (2.41%) of the week followed by the Energy Select Sector SPDR sector (2.44%).

The Healthcare sector is the most overvalued sector followed by Financial, while Diversified Investments, Drug Delivery, and Health Care Plans are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Industrial Metals/Mineral, Gold, and Oil & Gas Pipelines are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.23% DHI D.R. Horton Consumer Discretionary
10.19% WAG Walgreen Co. Consumer Staples
9.68% LRCX Lam Research Corp Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.32% MU Micron Technology Information Technology
-9.92% S Sprint Nextel Corp. Telecommunications Services
-8.47% NBR Nabors Industries Ltd. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 24
Uptrend Support 1
Uptrend Exhaustion 57
Uptrend Broken Support 1
Downtrend Resistance 49
Oversold 1