Friday, November 02, 2012

Weekly Stock Market Overview - Nov. 2, 2012

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -14.05 points or -0.11%. The Standard & Poor's 500 Index gained 2.26 points or 0.16%, while the Nasdaq Composite dropped -5.82 points or -0.19%. Read More ...

The Consumer Discretionary sector was the strongest sector (1.42%) last week followed by the Industrial sector (1.40%). The Energy sector was the worst performing sector (-1.25%) of the week followed by the Utilities sector (-0.87%).

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

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.83% SBUX Starbucks Corp. Consumer Discretionary
9.04% ETN Eaton Corp. Industrials
9.03% EA Electronic Arts Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.17% PBI Pitney-Bowes Industrials
-8.57% NEM Newmont Mining Corp. (Hldg. Co.) Materials
-7.66% EXC Exelon Corp. Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 19
Uptrend Support 41
Uptrend Exhaustion 5
Uptrend Broken Support 3
Downtrend Resistance 20
Oversold 12