Friday, October 19, 2012

Weekly Stock Market Overview - Oct. 19, 2012

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 14.66 points or 0.11%. The Standard & Poor's 500 Index gained 4.60 points or 0.32%, while the Nasdaq Composite dropped -38.49 points or -1.26%. Read More ...

The Materials sector was the strongest sector (1.98%) last week followed by the Financial sector (1.90%). The Technology sector was the worst performing sector (-2.11%) of the week followed by the Consumer Staples sector (-0.39%).

The Basic Materials sector is the most overvalued sector followed by Conglomerates, while Gold, Major Integrated Oil/Gas, and Copper are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Printed Circuit Boards, Semiconductr-Memory Chips, and Semiconductor-Broad Line are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
22.33% DF Dean Foods Consumer Staples
14.61% PHM Pulte Homes, Inc. Consumer Discretionary
10.58% NE Noble Corp Energy


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-28.81% APOL Apollo Group Consumer Discretionary
-20.44% AMD Advanced Micro Devices Information Technology
-9.15% DV DeVry Inc. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 22
Uptrend Support 20
Uptrend Exhaustion 21
Uptrend Broken Support 13
Downtrend Resistance 35
Oversold 4