It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 326.72 points or 3.24%. The Standard & Poor's 500 Index gained 37.78 points or 3.55%, while the Nasdaq Composite gained 90.42 points or 4.15%. Read More ...
The Materials sector was the strongest sector (7.31%) last week followed by the Industrial sector (7.13%). The Health Care sector was the worst performing sector (-0.87%) of the week followed by the Consumer Staples sector (2.38%).
The Utilities sector is the most overvalued sector followed by Conglomerates, while Electric Utilities, Diversified Utilities, and Water Utilities are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Services, while Specialty Retail Other, Residential Construction, and Publishing - Periodicals are among the most oversold industries.
Weekly S&P 500 Winners
| Gains/Loses(%) | Symbol | Company | Sector |
| 20.76% | GENZ | Genzyme Corp. | Health Care |
| 20.42% | HOG | HarleyDavidson | Consumer Discretionary |
| 20.09% | CLF | Cliffs Natural Resources Inc | Materials |
Weekly S&P 500 Loosers
| Gains/Loses(%) | Symbol | Company | Sector |
| -14.23% | MHS | Medco Health Solutions Inc. | Health Care |
| -13.83% | QLGC | QLogic Corp. | Information Technology |
Weekly S&P 500 Alerts
| Stock Market Alerts | Count |
| Downtrend Exhaustion | 1 |
| Downtrend Broken Resistance | 38 |
| Uptrend Support | 6 |
| Uptrend Exhaustion | 4 |
| Uptrend Broken Support | 0 |
| Downtrend Resistance | 48 |
| Oversold | 11 |
