Friday, November 26, 2010

Weekly Stock Market Overview - 11/26/2010

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -111.55 points or -1.00%. The Standard & Poor's 500 Index dropped -10.33 points or -0.86%, while the Nasdaq Composite gained 16.44 points or 0.65%. Read More ...

The Consumer Discretionary sector was the strongest sector (0.19%) last week followed by the Industrial sector (-0.18%). The Financial sector was the worst performing sector (-2.93%) of the week followed by the Energy sector (-1.70%).

The Consumer Goods sector is the most overvalued sector followed by Basic Materials, while Auto Parts, Textile-Apparel Footwr/Ac, and Trucks & Other Vehicles are among the most overvalued industries. The Services sector is the most oversold sector followed by Industrial Goods, while Education & Training Services, General Contractors, and Food Wholesale are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
16.72% MWW Monster Worldwide Industrials
12.43% SNDK SanDisk Corp. Information Technology
10.15% NYT New York Times Cl. A Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.22% SVU Supervalu Inc. Consumer Staples
-7.98% ARG Airgas Inc. Materials
-5.67% AFL AFLAC Corporation Financials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 26
Uptrend Support 32
Uptrend Exhaustion 15
Uptrend Broken Support 3
Downtrend Resistance 10
Oversold 18