Friday, December 25, 2009

Weekly Stock Market Overview - 12/24/2009
It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 191.21 points or 1.85%. The Standard & Poor's 500 Index gained 24.01 points or 2.18%, while the Nasdaq Composite gained 74.00 points or 3.35%.
The Materials sector was the strongest sector (4.44%) last week followed by the Technology sector (3.05%). The Utilities sector was the worst performing sector (0.41%) of the week followed by the Health Care sector (1.06%).
The Technology sector is the most overvalued sector followed by Basic Materials, while Information Technlgy Svcs, Diversified Computer Sys, and Semiconductr-Memory Chips are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while hospitals, Biotechnology, and Medical Instruments/Supls are among the most oversold industries.
Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
24.78% MBI MBIA Inc. Financials
20.14% SNDK SanDisk Corp. Information Technology
17.70% JBL Jabil Circuit Information Technology
Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-10.73% CTAS Cintas Corporation Industrials
-6.45% MOT Motorola Inc. Information Technology
-5.64% DYN Dynegy Inc. (New) Class A Utilities