Weekly Stock Market Overview - Dec. 2, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 787.48 points or 7.01%. The Standard & Poor's 500 Index gained 85.61 points or 7.39%, while the Nasdaq Composite gained 185.42 points or 7.59%. Read More ...

The Energy sector was the strongest sector (10.32%) last week followed by the Financial sector (9.59%). The Utilities sector was the worst performing sector (3.95%) of the week followed by the Consumer Staples sector (4.51%).

The Healthcare sector is the most overvalued sector followed by Consumer Goods, while Meat Products, Textile-Apparel Footwr/Ac, and Housewares & Accessories are among the most overvalued industries. The Technology sector is the most oversold sector followed by Services, while Music & Video Stores, Wireless Communications, and Semiconductor-Intgrtd Circ are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
24.88%	X	United States Steel Corp.	Materials
19.21%	C	Citigroup Inc.	Financials
18.36%	GT	Goodyear Tire & Rubber	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-8.08%	HSP	Hospira Inc.	Health Care
-5.23%	GLW	Corning Inc.	Information Technology
-2.73%	TIF	Tiffany & Co.	Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	0
Downtrend Broken Resistance	61
Uptrend Support	3
Uptrend Exhaustion	3
Uptrend Broken Support	5
Downtrend Resistance	25
Oversold	1