Friday, November 18, 2011

Weekly Stock Market Overview - Nov 18, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -357.52 points or -2.94%. The Standard & Poor's 500 Index dropped -48.20 points or -3.81%, while the Nasdaq Composite dropped -106.25 points or -3.97%. Read More ...

The Consumer Staples sector was the strongest sector (-1.33%) last week followed by the Utilities sector (-2.06%). The Energy sector was the worst performing sector (-5.69%) of the week followed by the Financial sector (-5.55%).

The Healthcare sector is the most overvalued sector followed by Consumer Goods, while Housewares & Accessories, Textile-Apparel Clothing, and Textile-Apparel Footwr/Ac are among the most overvalued industries. The Services sector is the most oversold sector followed by Conglomerates, while Music & Video Stores, Gaming Activities, and Wholesale Other are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.84% MU Micron Technology Information Technology
5.47% VMC Vulcan Materials Materials
4.44% JEC Jacobs Engineering Group Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-17.62% NTAP NetApp, Inc. Information Technology
-16.73% ANF Abercrombie & Fitch Co. Consumer Discretionary
-13.55% SHLD Sears Holdings Corporation Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 57
Uptrend Support 18
Uptrend Exhaustion 0
Uptrend Broken Support 1
Downtrend Resistance 0
Oversold 4