Friday, October 18, 2013

Weekly Stock Market Overview - Oct 18th, 2013


It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 162.54 points or 1.07%. The Standard & Poor's 500 Index gained 41.30 points or 2.42%, while the Nasdaq Composite gained 122.41 points or 3.23%. Read More ...


The Energy Select Sector SPDR sector was the strongest sector (3.14%) last week followed by the Financial Select Sector SPDR sector (2.95%). The Utilities Select Sector SPDR sector was the worst performing sector (0.83%) of the week followed by the Industrial Select Sector SPDR sector (1.90%).


The Services sector is the most overvalued sector followed by Healthcare, while Gaming Activities, Regional Airlines, and Drugs Wholesale are among the most overvalued industries. The Financial sector is the most oversold sector followed by Utilities, while Water Utilities, Regional-Mid-Atlantc Bnks, and REIT - Retail are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
15.36% PXD Pioneer Natural Resources Co. Energy
10.59% BHI Baker Hughes Energy
10.55% SNDK SanDisk Corp. Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-19.47% TDC Teradata Corp. Telecommunications Services
-15.49% SWK Stanley Black & Decker, Inc. Consumer Discretionary
-12.50% JCP Penney (J.C.) Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 25
Uptrend Support 1
Uptrend Exhaustion 52
Uptrend Broken Support 0
Downtrend Resistance 72
Oversold 3