Friday, December 07, 2012

Weekly Stock Market Overview - Dec. 8, 2012

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 129.55 points or 0.99%. The Standard & Poor's 500 Index gained 1.89 points or 0.13%, while the Nasdaq Composite dropped -32.20 points or -1.07%. Read More ...

The Financial sector was the strongest sector (1.68%) last week followed by the Industrial sector (0.98%). The Materials sector was the worst performing sector (-1.77%) of the week followed by the Technology sector (-1.24%).

The Technology sector is the most overvalued sector followed by Utilities, while Information Technlgy Svcs, Diversified Commun Svcs, and Multimedia/Graphics Sftwr are among the most overvalued industries. The Financial sector is the most oversold sector followed by Conglomerates, while Regional-Mid-Atlantc Bnks, REIT - Residential, and REIT - Hotel/Motel are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.88% C Citigroup Inc. Financials
8.45% DELL Dell Inc. Information Technology
8.06% SNDK SanDisk Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-18.74% FCX Freeport-McMoran Cp & Gld Materials
-11.76% DRI Darden Restaurants Consumer Discretionary
-8.89% AAPL Apple Computer Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 20
Uptrend Support 7
Uptrend Exhaustion 11
Uptrend Broken Support 1
Downtrend Resistance 37
Oversold 5