Saturday, November 13, 2010

Weekly Stock Market Overview - 11/12/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -251.50 points or -2.20%. The Standard & Poor's 500 Index dropped -26.64 points or -2.17%, while the Nasdaq Composite dropped -60.77 points or -2.36%. Read More ...

The Energy sector was the strongest sector (1.01%) last week followed by the Consumer Discretionary sector (-1.37%). The Financial sector was the worst performing sector (-4.11%) of the week followed by the Industrial sector (-3.05%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Major Integrated Oil/Gas, Agricultural Chemicals, and Copper are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Services, while Education & Training Services, Food Wholesale, and Publishing - Newspapers are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.22% HAL Halliburton Co. Energy
7.74% FO Fortune Brands, Inc. Consumer Discretionary
6.71% COG Cabot Oil & Gas Corp. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-26.82% DF Dean Foods Consumer Staples
-16.94% CSCO Cisco Systems Information Technology
-11.48% BA Boeing Company Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 43
Uptrend Support 13
Uptrend Exhaustion 18
Uptrend Broken Support 1
Downtrend Resistance 21
Oversold 2