Friday, October 28, 2011

Weekly Stock Market Overview - Oct 28, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 422.32 points or 3.58%. The Standard & Poor's 500 Index gained 46.84 points or 3.78%, while the Nasdaq Composite gained 99.69 points or 3.78%. Read More ...

The Materials sector was the strongest sector (7.85%) last week followed by the Financial sector (7.01%). The Consumer Staples sector was the worst performing sector (0.13%) of the week followed by the Utilities sector (0.37%).

The Basic Materials sector is the most overvalued sector followed by Services, while Auto Parts Stores, Home Furnishing Stores, and Electronics Wholesale are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Drug Delivery, Specialized Health Svcs, and Medical Instruments/Supls are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
25.85% AMD Advanced Micro Devices Information Technology
25.16% NBR Nabors Industries Ltd. Energy
23.79% ATI Allegheny Technologies Inc Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-19.50% AVP Avon Products Consumer Staples
-14.31% DV DeVry Inc. Industrials
-9.76% WHR Whirlpool Corp. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 141
Uptrend Support 2
Uptrend Exhaustion 6
Uptrend Broken Support 0
Downtrend Resistance 217
Oversold 0