TrendSurfer's  Instablog

Send Message
Stock market technical analysis, chart trend analysis, and chart pattern recognition.
My company:
TheGreedyTrader Group
My blog:
Trend Rules
  • Weekly Stock Market Overview - 1/29/2010 0 comments
    Jan 29, 2010 10:27 PM | about stocks: SPY, KODK, SHW, TLAB, X, QCOM, AVY
    All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -105.65 points or -1.04%. The Standard & Poor's 500 Index dropped -17.89 points or -1.64%, while the Nasdaq Composite dropped -57.94 points or -2.63%. Read More ...
    The Financial sector was the strongest sector (-0.01%) last week followed by the Consumer Staples sector (-0.34%). The Materials sector was the worst performing sector (-4.71%) of the week followed by the Technology sector (-3.24%).
    The Healthcare sector is the most overvalued sector followed by Services, while Regional Airlines, Drug Delivery, and Publishing - Books are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Technology, while Wireless Communications, Security Software & Svcs, and Multimedia/Graphics Sftwr are among the most oversold industries.
    Weekly S&P 500 Winners
    Gains/Loses(%) Symbol Company Sector
    38.76% EK Eastman Kodak Consumer Discretionary
    9.22% SHW Sherwin-Williams Consumer Discretionary
    7.89% TLAB Tellabs, Inc. Information Technology
    Weekly S&P 500 Loosers
    Gains/Loses(%) Symbol Company Sector
    -19.22% X United States Steel Corp. Materials
    -16.22% QCOM QUALCOMM Inc. Information Technology
    -15.82% AVY Avery Dennison Corp. Industrials
    Weekly S&P 500 Alerts
    Stock Market Alerts Count
    Downtrend Exhaustion 2
    Downtrend Broken Resistance 16
    Uptrend Support 93
    Uptrend Exhaustion 1
    Uptrend Broken Support 3
    Downtrend Resistance 1
    Oversold 19
    Stocks: SPY, KODK, SHW, TLAB, X, QCOM, AVY
Back To TrendSurfer's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.