Saturday, October 22, 2011

Weekly Stock Market Overview - Oct 21, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 164.30 points or 1.41%. The Standard & Poor's 500 Index gained 13.67 points or 1.12%, while the Nasdaq Composite dropped -30.39 points or -1.14%. Read More ...

The Financial sector was the strongest sector (4.21%) last week followed by the Energy sector (2.93%). The Technology sector was the worst performing sector (-1.81%) of the week followed by the Materials sector (-0.33%).

The Basic Materials sector is the most overvalued sector followed by Financial, while Oil & Gas Pipelines, REIT/Healthcare Facilities, and Accident/Health Insurance are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Technology, while Wireless Communications, Metals Fabrication, and Processing Systems/Prods are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
27.57% EP El Paso Corp. Energy
14.76% HAR Harman Int'l Consumer Discretionary
14.40% STT State Street Corp. Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-22.80% HSP Hospira Inc. Health Care
-11.88% NFX Newfield Exploration Co Energy
-10.50% HAL Halliburton Co. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 106
Uptrend Support 0
Uptrend Exhaustion 3
Uptrend Broken Support 0
Downtrend Resistance 152
Oversold 0