Friday, September 27, 2013

Weekly Stock Market Overview - Sep. 27, 2013

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -192.85 points or -1.25%. The Standard & Poor's 500 Index dropped -18.16 points or -1.06%, while the Nasdaq Composite gained 6.86 points or 0.18%. Read More ...


The Consumer Discretionary Select Sector SPDR sector was the strongest sector (-0.16%) last week followed by the Utilities Select Sector SPDR sector (-0.32%). The Financial Select Sector SPDR sector was the worst performing sector (-1.86%) of the week followed by the Consumer Staples Select Sector SPDR sector (-1.83%).


The Consumer Goods sector is the most overvalued sector followed by Technology, while Rubber & Plastics, Recreational Vehicles, and Appliances are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Diversified Utilities, Hospitals, and Specialized Health Svcs are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
10.48% AMAT Applied Materials Information Technology
8.49% YHOO Yahoo Inc. Information Technology
6.16% NKE NIKE Inc. Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-30.17% JCP Penney (J.C.) Consumer Discretionary
-11.33% CCL Carnival Corp. Consumer Discretionary
-8.47% IGT International Game Technology Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 21
Uptrend Support 19
Uptrend Exhaustion 5
Uptrend Broken Support 2
Downtrend Resistance 17
Oversold 12