Friday, January 29, 2010

Weekly Stock Market Overview - 1/29/2010

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -105.65 points or -1.04%. The Standard & Poor's 500 Index dropped -17.89 points or -1.64%, while the Nasdaq Composite dropped -57.94 points or -2.63%. Read More ...
The Financial sector was the strongest sector (-0.01%) last week followed by the Consumer Staples sector (-0.34%). The Materials sector was the worst performing sector (-4.71%) of the week followed by the Technology sector (-3.24%).
The Healthcare sector is the most overvalued sector followed by Services, while Regional Airlines, Drug Delivery, and Publishing - Books are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Technology, while Wireless Communications, Security Software & Svcs, and Multimedia/Graphics Sftwr are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector
38.76% EK Eastman Kodak Consumer Discretionary
9.22% SHW Sherwin-Williams Consumer Discretionary
7.89% TLAB Tellabs, Inc. Information Technology


Weekly S&P 500 Loosers
Gains/Loses(%) Symbol Company Sector
-19.22% X United States Steel Corp. Materials
-16.22% QCOM QUALCOMM Inc. Information Technology
-15.82% AVY Avery Dennison Corp. Industrials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 16
Uptrend Support 93
Uptrend Exhaustion 1
Uptrend Broken Support 3
Downtrend Resistance 1
Oversold 19