Trend Rules

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Friday, November 11, 2011

Weekly Stock Market Overview - Nov 11, 2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 170.44 points or 1.42%. The Standard & Poor's 500 Index gained 10.62 points or 0.85%, while the Nasdaq Composite dropped -7.40 points or -0.28%. Read More ...

The Health Care sector was the strongest sector (2.65%) last week followed by the Consumer Staples sector (1.58%). The Financial sector was the worst performing sector (-0.38%) of the week followed by the Technology sector (0.42%).

The Basic Materials sector is the most overvalued sector followed by Utilities, while Oil & Gas Pipelines, Electric Utilities, and Gas Utilities are among the most overvalued industries. The Services sector is the most oversold sector followed by Industrial Goods, while Music & Video Stores, Gaming Activities, and Metals Fabrication are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
9.01% VIA-B Viacom Inc. Consumer Discretionary
7.29% LOW Lowe's Cos. Consumer Discretionary
7.08% NBR Nabors Industries Ltd. Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-18.27% CSC Computer Sciences Corp. Information Technology
-12.55% PWR Quanta Services Inc. Industrials
-10.84% IFF International Flav/Frag Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 77
Uptrend Support 6
Uptrend Exhaustion 1
Uptrend Broken Support 1
Downtrend Resistance 42
Oversold 0

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