Trend Rules

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Friday, December 23, 2011

Weekly Stock Market Overview = Dec 23, 2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 427.61 points or 3.60%. The Standard & Poor's 500 Index gained 45.67 points or 3.74%, while the Nasdaq Composite gained 63.31 points or 2.48%. Read More ...

The Energy sector was the strongest sector (5.23%) last week followed by the Financial sector (4.86%). The Technology sector was the worst performing sector (2.32%) of the week followed by the Consumer Discretionary sector (3.38%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Residential Construction, Drug Manufacturers/Major, and Aerospace/Defense-Maj Dvd are among the most overvalued industries. The Technology sector is the most oversold sector followed by Financial, while Semiconductor-Intgrtd Circ, Wireless Communications, and Investmnt Brokerage-Natl are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.29% CTAS Cintas Corporation Industrials
12.90% DV DeVry Inc. Industrials
12.67% THC Tenet Healthcare Corp. Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-10.78% ORCL Oracle Corp. Information Technology
-6.14% BBBY Bed Bath & Beyond Consumer Discretionary
-5.78% EMR Emerson Electric Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 33
Uptrend Support 9
Uptrend Exhaustion 5
Uptrend Broken Support 3
Downtrend Resistance 46
Oversold 5

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