Friday, January 01, 2010

The Greedy Trader Weekly Analysis
Sign In 12/31/2009
Weekly Stock Market Overview
All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -92.05 points or -0.87%. The Standard & Poor's 500 Index dropped -11.38 points or -1.01%, while the Nasdaq Composite dropped -16.54 points or -0.72%. Read More ...
The Technology sector was the strongest sector (-0.35%) last week followed by the Consumer Staples sector (-0.79%). The Industrial sector was the worst performing sector (-1.63%) of the week followed by the Utilities sector (-1.46%).
The Technology sector is the most overvalued sector followed by Healthcare, while Information Technlgy Svcs, Drug Delivery, and Semiconductr-Memory Chips are among the most overvalued industries. The Consumer Goods sector is the most oversold sector followed by Industrial Goods, while Confectioners, Heavy Construction, and Beverages-Brewers are among the most oversold industries.
Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
4.77% HRB Block H&R Consumer Discretionary
4.24% CEPH Cephalon Inc. Health Care
3.94% MU Micron Technology Information Technology
Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-8.51% ODP Office Depot Consumer Discretionary
-8.08% MBI MBIA Inc. Financials
-6.87% PLD ProLogis Financials
Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 17
Uptrend Support 8
Uptrend Exhaustion 32
Uptrend Broken Support 12
Downtrend Resistance 35
Oversold 3