| The Greedy Trader | Weekly Analysis | | 5/29/2009 | |
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Weekly Stock Market Overview |
It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 223.01 points or 2.69%. The Standard & Poor's 500 Index gained 32.14 points or 3.62%, while the Nasdaq Composite gained 82.32 points or 4.87%. |
The Energy sector was the strongest sector (6.32%) last week followed by the Financial sector (4.89%). The Consumer Staples sector was the worst performing sector (0.83%) of the week followed by the Health Care sector (2.14%). |
The Technology sector is the most overvalued sector followed by Basic Materials, while Technical/System Software, Oil & Gas Drilling/Exploration, and Copper are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Consumer Goods, while Photographic Equip/Supplies, Dairy Products, Beverages-Winery/Distillers are among the most oversold industries. |
Weekly S&P 500 Winners |
Gains/Loses(%) | Symbol | Company | Sector | 13.08% | THC | Tenet Healthcare Corp. | Health Care | 10.76% | NWSA | News Corporation | Consumer Discretionary | 8.81% | CIT | CIT GROUP INC | Financials | |
Weekly S&P 500 Loosers |
Gains/Loses(%) | Symbol | Company | Sector | -33.04% | GM | General Motors | Consumer Discretionary | -6.09% | NOVL | Novell Inc. | Information Technology | -5.36% | CTAS | Cintas Corporation | Industrials | |
Weekly S&P 500 Alerts |
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