Friday, August 23, 2013

Weekly Stock Market Overview - Aug. 23, 2013

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -70.96 points or -0.47%. The Standard & Poor's 500 Index gained 7.67 points or 0.46%, while the Nasdaq Composite gained 55.01 points or 1.53%. Read More ...

The Materials Select Sector SPDR sector was the strongest sector (1.01%) last week followed by the Technology Select Sector SPDR sector (0.80%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-0.20%) of the week followed by the Financial Select Sector SPDR sector (0.17%).

The Conglomerates sector is the most overvalued sector followed by Basic Materials, while Chemicals-Major Diversifd, Conglomerates, and Oil & Gas Pipelines are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, while Hospitals, Medical Labs & Research, and Specialized Health Svcs are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.51% BBY Best Buy Co., Inc. Consumer Discretionary
9.28% MSFT Microsoft Corp. Information Technology
8.26% ADSK Autodesk, Inc. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-20.07% ANF Abercrombie & Fitch Co. Consumer Discretionary
-15.68% SPLS Staples Inc. Consumer Discretionary
-15.22% HPQ Hewlett-Packard Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 14
Uptrend Support 35
Uptrend Exhaustion 0
Uptrend Broken Support 1
Downtrend Resistance 3
Oversold 14