Friday, December 21, 2012

Weekly Stock Market Overview - Dec 21, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 55.83 points or 0.43%. The Standard Poor's 500 Index gained 16.57 points or 1.17%, while the Nasdaq Composite gained 49.68 points or 1.67%. Read More ...

The Financial sector was the strongest sector (2.50%) last week followed by the Energy sector (1.19%). The Consumer Staples sector was the worst performing sector (-2.20%) of the week followed by the Health Care sector (-0.74%).

The Conglomerates sector is the most overvalued sector followed by Services, while Regional Airlines, Rental Leasing Services, and Music Video Stores are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Drug Related Products, Water Utilities, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.74% JBL Jabil Circuit Information Technology
8.63% COG Cabot Oil Gas Corp. Energy
8.45% NKE NIKE Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.22% EA Electronic Arts Information Technology
-7.74% MU Micron Technology Information Technology
-6.96% FTR Frontier Communications Telecommunications Services


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 25
Uptrend Support 8
Uptrend Exhaustion 5
Uptrend Broken Support 2
Downtrend Resistance 40
Oversold 6