Friday, November 16, 2012

Weekly Stock Market Overview - Nov. 16, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -227.08 points or -1.77%. The Standard & Poor's 500 Index dropped -19.97 points or -1.45%, while the Nasdaq Composite dropped -51.74 points or -1.78%. Read More ...

The Consumer Discretionary sector was the strongest sector (-0.53%) last week followed by the Consumer Staples sector (-0.55%). The Industrial sector was the worst performing sector (-2.07%) of the week followed by the Technology sector (-2.05%).

The Healthcare sector is the most overvalued sector followed by Utilities, while Medical Practitioners, Hospitals, and Drugs - Generic are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Home Furnishing Stores, Advertising Agencies, and Aluminum are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
29.66% ANF Abercrombie & Fitch Co. Consumer Discretionary
14.44% GILD Gilead Sciences Health Care
10.68% NTAP NetApp, Inc. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-21.12% JCP Penney (J.C.) Consumer Discretionary
-10.13% BBY Best Buy Co., Inc. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 18
Downtrend Broken Resistance 10
Uptrend Support 118
Uptrend Exhaustion 1
Uptrend Broken Support 0
Downtrend Resistance 3
Oversold 79