Friday, October 26, 2012

Weekly Stock Market Overview - Oct. 26, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -236.30 points or -1.77%. The Standard & Poor's 500 Index dropped -21.25 points or -1.48%, while the Nasdaq Composite dropped -17.67 points or -0.59%. Read More ...

The Health Care sector was the strongest sector (-0.69%) last week followed by the Consumer Staples sector (-1.01%). The Materials sector was the worst performing sector (-2.64%) of the week followed by the Energy sector (-2.53%).

The Services sector is the most overvalued sector followed by Consumer Goods, while Appliances, Publishing - Books, and Housewares & Accessories are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Water Utilities, Chemicals-Major Diversifd, and Oil & Gas Equipment/Svcs are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
20.70% DV DeVry Inc. Industrials
13.57% SHLD Sears Holdings Corporation Consumer Discretionary
9.52% PKI PerkinElmer Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-20.68% NFX Newfield Exploration Co Energy
-18.59% ATI Allegheny Technologies Inc Materials
-17.91% CLF Cliffs Natural Resources Inc Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 15
Uptrend Support 71
Uptrend Exhaustion 1
Uptrend Broken Support 5
Downtrend Resistance 6
Oversold 23