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Stock market technical analysis, chart trend analysis, and chart pattern recognition.
My company:
TheGreedyTrader Group
My blog:
Trend Rules
  • Weekly Stock Market Overview - 12/10/2010 0 comments
    Dec 11, 2010 9:18 AM | about stocks: SPY
    It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 28.23 points or 0.25%. The Standard & Poor's 500 Index gained 15.69 points or 1.28%, while the Nasdaq Composite gained 46.08 points or 1.78%. Read More ...

    The Financial sector was the strongest sector (3.78%) last week followed by the Technology sector (1.53%). The Utilities sector was the worst performing sector (-0.50%) of the week followed by the Energy sector (0.12%).

    The Services sector is the most overvalued sector followed by Technology, while Jewelry Stores, Technical Services, and Auto Parts Stores are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Industrial Goods, while Drug Manufacturers/Major, Aerospace/Defense-Prd/Svc, and General Contractors are among the most oversold industries.

    Weekly S&P 500 Winners
    55.01%THCTenet Healthcare Corp.Health Care
    18.47%DFDean FoodsConsumer Staples

    Weekly S&P 500 Losers
    -6.50%NSMNational SemiconductorInformation Technology
    -6.18%COGCabot Oil & Gas Corp.Energy
    -5.96%SWNSouthwestern Energy Co.Utilities

    Weekly S&P 500 Alerts
    Stock Market AlertsCount
    Downtrend Exhaustion0
    Downtrend Broken Resistance 40
    Uptrend Support2
    Uptrend Exhaustion43
    Uptrend Broken Support6
    Downtrend Resistance73
    Themes: S P 500, Dow Jones, Nasdaq Stocks: SPY
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