Friday, September 13, 2013

Weekly Stock Market Overview - Sep. 13, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 453.56 points or 3.04%. The Standard & Poor's 500 Index gained 32.82 points or 1.98%, while the Nasdaq Composite gained 62.17 points or 1.70%. Read More ...


The Industrial Select Sector SPDR sector was the strongest sector (3.01%) last week followed by the Consumer Discretionary Select Sector SPDR sector (2.66%). The Utilities Select Sector SPDR sector was the worst performing sector (0.62%) of the week followed by the Energy Select Sector SPDR sector (1.29%).


The Industrial Goods sector is the most overvalued sector followed by Consumer Goods, while Rubber & Plastics, Recreational Vehicles, and Industrial Electrical Eqp are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Hospitals, Diversified Utilities, and Electric Utilities are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
31.73% MOLX Molex Inc. Information Technology
28.42% SHLD Sears Holdings Corporation Consumer Discretionary
10.29% MYL Mylan Inc. Health Care


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.82% URBN Urban Outfitters Inc. Consumer Discretionary
-7.33% NEM Newmont Mining Corp. (Hldg. Co.) Materials
-6.69% AAPL Apple Computer Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 23
Uptrend Support 7
Uptrend Exhaustion 27
Uptrend Broken Support 2
Downtrend Resistance 51
Oversold 7