Saturday, November 23, 2013

Weekly Stock Market Overview - Nov. 22, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 103.07 points or 0.65%. The Standard & Poor's 500 Index gained 6.58 points or 0.37%, while the Nasdaq Composite gained 5.68 points or 0.14%. Read More ...


The Health Care Select Sector SPDR sector was the strongest sector (1.71%) last week followed by the Financial Select Sector SPDR sector (1.70%). The Utilities Select Sector SPDR sector was the worst performing sector (-1.79%) of the week followed by the Materials Select Sector SPDR sector (-0.41%).


The Services sector is the most overvalued sector followed by Industrial Goods, while Regional Airlines, Drugs Wholesale, and Rental & Leasing Services are among the most overvalued industries. The Technology sector is the most oversold sector followed by Healthcare, while Printed Circuit Boards, Multimedia/Graphics Sftwr, and Networking & Commun Dvcs are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
16.54% BIIB BIOGEN IDEC INC Health Care
10.60% TSN Tyson Foods Consumer Staples
7.32% SWN Southwestern Energy Co. Utilities


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.89% BBY Best Buy Co., Inc. Consumer Discretionary
-8.21% BTU Peabody Energy Corp Materials
-7.48% LOW Lowe's Cos. Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 16
Uptrend Support 16
Uptrend Exhaustion 41
Uptrend Broken Support 3
Downtrend Resistance 20
Oversold 11