It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 190.14 points or 1.82%. The Standard & Poor's 500 Index gained 29.88 points or 2.68%, while the Nasdaq Composite gained 48.02 points or 2.12%. Read More ... |
The Materials sector was the strongest sector (5.85%) last week followed by the Energy sector (5.77%). The Utilities sector was the worst performing sector (-0.97%) of the week followed by the Consumer Staples sector (0.38%). |
The Basic Materials sector is the most overvalued sector followed by Services, while Regional Airlines, Railroads, and Publishing - Books are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, while Biotechnology, Hospitals, and Electric Utilities are among the most oversold industries. |
Weekly S&P 500 Winners |
Gains/Loses(%) | Symbol | Company | Sector | 33.67% | MBI | MBIA Inc. | Financials | 27.90% | ZION | Zions Bancorp | Financials | 26.42% | MI | Marshall & Ilsley Corp. | Financials | |
Weekly S&P 500 Loosers |
Gains/Loses(%) | Symbol | Company | Sector | -6.95% | PCS | MetroPCS Communications Inc. | Telecommunications Services | -5.48% | MYL | Mylan Inc. | Health Care | -4.17% | VZ | Verizon Communications | Telecommunications Services | |