Friday, November 30, 2012

Weekly Stock Market Overview - Oct 30, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 15.90 points or 0.12%. The Standard & Poor's 500 Index gained 7.03 points or 0.50%, while the Nasdaq Composite gained 43.39 points or 1.46%. Read More ...

The Utilities sector was the strongest sector (3.61%) last week followed by the Industrial sector (1.06%). The Energy sector was the worst performing sector (-0.77%) of the week followed by the Financial sector (-0.51%).

The Utilities sector is the most overvalued sector followed by Conglomerates, while Conglomerates, Gas Utilities are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Home Furnishing Stores, Lodging, and Aluminum are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
12.82% AMD Advanced Micro Devices Information Technology
12.05% BBY Best Buy Co., Inc. Consumer Discretionary
8.33% GLW Corning Inc. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.55% KSS Kohl's Corp. Consumer Discretionary
-11.60% SHLD Sears Holdings Corporation Consumer Discretionary
-9.35% YUM Yum! Brands, Inc Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 13
Uptrend Support 5
Uptrend Exhaustion 8
Uptrend Broken Support 2
Downtrend Resistance 38
Oversold 3