Friday, December 28, 2012

Weekly Stock Market Overview - Dec 28, 2012

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -252.73 points or -1.92%. The Standard Poor's 500 Index dropped -27.72 points or -1.94%, while the Nasdaq Composite dropped -60.70 points or -2.01%. Read More ...

The Materials sector was the strongest sector (-0.49%) last week followed by the Financial sector (-1.34%). The Energy sector was the worst performing sector (-3.11%) of the week followed by the Utilities sector (-2.44%).

The Conglomerates sector is the most overvalued sector followed by Services, while Rental Leasing Services, Music Video Stores, and Regional Airlines are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, 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
8.52% F Ford Motor Consumer Discretionary
2.56% S Sprint Nextel Corp. Telecommunications Services
2.05% BWA Borgwarner Inc Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-11.97% AMD Advanced Micro Devices Information Technology
-5.68% COH Coach, Inc. Consumer Discretionary
-5.63% PXD Pioneer Natural Resources Co. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 25
Uptrend Support 32
Uptrend Exhaustion 2
Uptrend Broken Support 5
Downtrend Resistance 4
Oversold 24