Friday, November 07, 2014

Weekly Stock Market Overview - Nov. 7, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 183.41 points or 1.05%. The Standard & Poor's 500 Index gained 13.87 points or 0.69%, while the Nasdaq Composite gained 1.79 points or 0.04%. Read More ...


The Consumer Staples Select Sector SPDR sector was the strongest sector (2.21%) last week followed by the Utilities Select Sector SPDR sector (1.72%). The Health Care Select Sector SPDR sector was the worst performing sector (-0.36%) of the week followed by the Consumer Discretionary Select Sector SPDR sector (-0.14%).


The Services sector is the most overvalued sector followed by Technology, while Auto Parts Wholesale, Regional Airlines, and Staffing/Outsourcing Svcs are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Copper, Gold, and Oil & Gas Drilling/Explor are among the most oversold industries.


Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
19.02% WFM Whole Foods Market Consumer Staples
12.27% SWN Southwestern Energy Co. Utilities
11.60% BTU Peabody Energy Corp Materials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.63% THC Tenet Healthcare Corp. Health Care
-11.78% QCOM QUALCOMM Inc. Information Technology


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 6
Downtrend Broken Resistance 34
Uptrend Support 3
Uptrend Exhaustion 17
Uptrend Broken Support 0
Downtrend Resistance 78
Oversold 4