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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 - 2/5/2010 0 comments
    Feb 5, 2010 10:14 PM | about stocks: SPY, QQQ, DIA, ARG, LXK, CMI, GCI, MI, APD
    All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -55.10 points or -0.55%. The Standard & Poor's 500 Index dropped -7.68 points or -0.72%, while the Nasdaq Composite dropped -6.23 points or -0.29%. Read More ...
    The Materials sector was the strongest sector (1.13%) last week followed by the Technology sector (0.53%). The Utilities sector was the worst performing sector (-2.07%) of the week followed by the Financial sector (-1.69%).
    The Financial sector is the most overvalued sector followed by Basic Materials, while Regional-Pacific Banks, Agricultural Chemicals, and Regional-Mid-Atlantc Bnks are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Technology, while Long Distance Carriers, Security Software & Svcs, and Wireless Communications are among the most oversold industries.
    Weekly S&P 500 Winners
    44.25%ARGAirgas Inc.Materials
    25.09%LXKLexmark Int'l IncInformation Technology
    11.78%CMICUMMINS INCIndustrials
    Weekly S&P 500 Loosers
    -16.22%GCIGannett Co.Consumer Discretionary
    -10.27%MIMarshall & Ilsley Corp.Financials
    -9.64%APDAir Products & ChemicalsMaterials
    Weekly S&P 500 Alerts
    Stock Market AlertsCount
    Downtrend Exhaustion2
    Downtrend Broken Resistance 15
    Uptrend Support108
    Uptrend Exhaustion1
    Uptrend Broken Support0
    Downtrend Resistance1
    Stocks: SPY, QQQ, DIA, ARG, LXK, CMI, GCI, MI, APD
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