Friday, November 29, 2013

Weekly Stock Market Overview - Nov. 29, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 21.64 points or 0.13%. The Standard & Poor's 500 Index gained 1.05 points or 0.06%, while the Nasdaq Composite gained 68.24 points or 1.71%. Read More ...


The Technology Select Sector SPDR sector was the strongest sector (1.55%) last week followed by the Consumer Discretionary Select Sector SPDR sector (1.16%). The Energy Select Sector SPDR sector was the worst performing sector (-2.03%) of the week followed by the Utilities Select Sector SPDR sector (-1.63%).


The Consumer Goods sector is the most overvalued sector followed by Services, while Regional Airlines, Drugs Wholesale, and Rental & Leasing Services are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Gold, Water Utilities, and Oil & Gas Pipelines are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.88% JCP Penney (J.C.) Consumer Discretionary
9.94% TIF Tiffany & Co. Consumer Discretionary
8.98% AMD Advanced Micro Devices Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-6.43% NFX Newfield Exploration Co Energy
-6.20% CNP CenterPoint Energy Utilities
-4.78% PXD Pioneer Natural Resources Co. Energy


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 20
Uptrend Support 12
Uptrend Exhaustion 61
Uptrend Broken Support 2
Downtrend Resistance 27
Oversold 6