Weekly Stock Market Overview - April 29, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 304.55 points or 2.44%. The Standard & Poor's 500 Index gained 26.23 points or 1.96%, while the Nasdaq Composite gained 53.38 points or 1.89%. Read More ...

The Health Care sector was the strongest sector (2.89%) last week followed by the Utilities sector (2.85%). The Materials sector was the worst performing sector (1.04%) of the week followed by the Technology sector (1.48%).

The Basic Materials sector is the most overvalued sector followed by Technology, while Wireless Communications, Multimedia/Graphics Sftwr, and Long Distance Carriers are among the most overvalued industries. The Financial sector is the most oversold sector followed by Services, while General Entertainment, Publishing - Periodicals, and Specialty Retail Other are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
13.72%	GT	Goodyear Tire & Rubber	Consumer Discretionary
13.69%	OXY	Occidental Petroleum	Energy
12.69%	NSC	Norfolk Southern Corp.	Industrials

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-13.66%	EK	Eastman Kodak	Consumer Discretionary
-12.90%	BRCM	Broadcom Corporation	Information Technology
-12.65%	LXK	Lexmark Int'l Inc	Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	2
Downtrend Broken Resistance	20
Uptrend Support	6
Uptrend Exhaustion	43
Uptrend Broken Support	3
Downtrend Resistance	40
Oversold	11

Weekly Stock Market Overview - April 21, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 164.16 points or 1.33%. The Standard & Poor's 500 Index gained 17.70 points or 1.34%, while the Nasdaq Composite gained 55.51 points or 2.01%. Read More ...

The Materials sector was the strongest sector (2.77%) last week followed by the Technology sector (2.37%). The Financial sector was the worst performing sector (-0.25%) of the week followed by the Consumer Staples sector (0.19%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Small Tools & Accessories, Health Care Plans, and Drug Delivery are among the most overvalued industries. The Services sector is the most oversold sector followed by Utilities, while General Entertainment, Specialty Retail Other, and Regional Airlines are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
20.18%	BIIB	BIOGEN IDEC INC	Health Care
10.35%	SLM	SLM Corporation	Financials
8.66%	INTC	Intel Corp.	Information Technology

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-6.33%	GILD	Gilead Sciences	Health Care
-5.89%	HOG	HarleyDavidson	Consumer Discretionary
-5.33%	KEY	KeyCorp	Financials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	1
Downtrend Broken Resistance	17
Uptrend Support	13
Uptrend Exhaustion	19
Uptrend Broken Support	4
Downtrend Resistance	28
Oversold	7

Weekly Stock Market Overview - April 15, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -38.22 points or -0.31%. The Standard & Poor's 500 Index dropped -8.49 points or -0.64%, while the Nasdaq Composite dropped -15.77 points or -0.57%. Read More ...

The Consumer Staples sector was the strongest sector (1.95%) last week followed by the Health Care sector (1.80%). The Energy sector was the worst performing sector (-3.17%) of the week followed by the Materials sector (-2.09%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Health Care Plans, Small Tools & Accessories, and Farm/Construction Machnry are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Agricultural Chemicals, Copper, and Gold are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
13.19%	BIIB	BIOGEN IDEC INC	Health Care
12.74%	SVU	Supervalu Inc.	Consumer Staples
7.29%	COH	Coach, Inc.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-11.79%	THC	Tenet Healthcare Corp.	Health Care
-7.81%	AA	Alcoa Inc	Materials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	1
Downtrend Broken Resistance	16
Uptrend Support	18
Uptrend Exhaustion	12
Uptrend Broken Support	2
Downtrend Resistance	19
Oversold	9

Weekly Stock Market Overview - April 8, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 3.33 points or 0.03%. The Standard & Poor's 500 Index dropped -4.24 points or -0.32%, while the Nasdaq Composite dropped -9.18 points or -0.33%. Read More ...

The Consumer Staples sector was the strongest sector (0.60%) last week followed by the Health Care sector (0.12%). The Industrial sector was the worst performing sector (-1.47%) of the week followed by the Consumer Discretionary sector (-0.61%).

The Healthcare sector is the most overvalued sector followed by Conglomerates, while Hospitals, Health Care Plans, and Medical Appliances/Equip. are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Semiconductor-Intgrtd Circ, Networking & Commun Dvcs, and Information Technlgy Svcs are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
68.94%	NSM	National Semiconductor	Information Technology
13.76%	ANF	Abercrombie & Fitch Co.	Consumer Discretionary
12.67%	LTD	Limited Brands, Inc.	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-9.50%	MON	Monsanto Co.	Materials
-7.81%	LUV	Southwest Airlines	Industrials
-6.62%	KLAC	KLA-Tencor Corp.	Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	9
Uptrend Support	6
Uptrend Exhaustion	16
Uptrend Broken Support	1
Downtrend Resistance	28
Oversold	3

Weekly Stock Market Overview - April 1, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 156.13 points or 1.28%. The Standard & Poor's 500 Index gained 18.61 points or 1.42%, while the Nasdaq Composite gained 46.54 points or 1.70%. Read More ...

The Materials sector was the strongest sector (2.40%) last week followed by the Industrial sector (2.37%). The Technology sector was the worst performing sector (0.50%) of the week followed by the Financial sector (1.16%).

The Industrial Goods sector is the most overvalued sector followed by Conglomerates, while Lumber Wood Production, Farm/Construction Machnry, and Small Tools & Accessories are among the most overvalued industries. The Financial sector is the most oversold sector followed by Utilities, while Savings & Loans, REIT - Hotel/Motel, and Investmnt Brokerage-Natl are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
31.33%	CEPH	Cephalon Inc.	Health Care
9.46%	IP	International Paper	Materials
7.84%	SLB	Schlumberger Ltd.	Energy

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-13.02%	ODP	Office Depot	Consumer Discretionary
-8.59%	LEN	Lennar Corp.	Consumer Discretionary
-7.97%	NOC	Northrop Grumman Corp.	Industrials

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	1
Downtrend Broken Resistance	11
Uptrend Support	4
Uptrend Exhaustion	20
Uptrend Broken Support	5
Downtrend Resistance	26
Oversold	7