Friday, November 23, 2012

Weekly Stock Market Overview - Nov. 23, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 421.37 points or 3.35%. The Standard & Poor's 500 Index gained 49.27 points or 3.62%, while the Nasdaq Composite gained 113.72 points or 3.99%. Read More ...

The Materials sector was the strongest sector (4.42%) last week followed by the Consumer Discretionary sector (4.38%). The Utilities sector was the worst performing sector (-0.79%) of the week followed by the Health Care sector (2.80%).

The Healthcare sector is the most overvalued sector followed by Services, while Hospitals, General Entertainment, and Wholesale Other are among the most overvalued industries. The Technology sector is the most oversold sector followed by Consumer Goods, while Diversified Computer Sys, Electronic Equipment, and Beverages-Brewers are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.04% TSN Tyson Foods Consumer Staples
13.27% MAS Masco Corp. Industrials
10.87% LXK Lexmark Int'l Inc Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.91% BBY Best Buy Co., Inc. Consumer Discretionary
-11.60% CLF Cliffs Natural Resources Inc Materials
-8.56% STJ St Jude Medical Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 7
Downtrend Broken Resistance 12
Uptrend Support 13
Uptrend Exhaustion 7
Uptrend Broken Support 3
Downtrend Resistance 12
Oversold 30