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