Friday, December 02, 2011

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