Friday, September 28, 2012

Weekly Stock Market Overview - Sep 28, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -142.34 points or -1.05%. The Standard & Poor's 500 Index dropped -19.48 points or -1.33%, while the Nasdaq Composite dropped -63.73 points or -2.00%. Read More ...

The Utilities sector was the strongest sector (1.01%) last week followed by the Health Care sector (-0.17%). The Technology sector was the worst performing sector (-2.17%) of the week followed by the Materials sector (-1.72%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Lumber Wood Production, Small Tools & Accessories, and General Building Matrials are among the most overvalued industries. The Technology sector is the most oversold sector followed by Basic Materials, while Semiconductor-Broad Line, Printed Circuit Boards, and Steel & Iron are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
5.01% DF Dean Foods Consumer Staples
3.79% WAG Walgreen Co. Consumer Staples
3.35% FDO Family Dollar Stores Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-13.13% JBL Jabil Circuit Information Technology
-9.32% NTAP NetApp, Inc. Information Technology
-8.72% PHM Pulte Homes, Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 38
Uptrend Support 26
Uptrend Exhaustion 0
Uptrend Broken Support 7
Downtrend Resistance 10
Oversold 8