Friday, January 14, 2011

Weekly Stock Market Overview - 1/14/2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 112.62 points or 0.96%. The Standard & Poor's 500 Index gained 21.74 points or 1.71%, while the Nasdaq Composite gained 52.13 points or 1.93%. Read More ...

The Energy sector was the strongest sector (3.47%) last week followed by the Financial sector (3.08%). The Health Care sector was the worst performing sector (0.34%) of the week followed by the Utilities sector (0.51%).

The Technology sector is the most overvalued sector followed by Basic Materials, while Printed Circuit Boards, Major Integrated Oil/Gas, and Technical/System Software are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Financial, while REIT - Diversified, REIT/Healthcare Facilities, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
19.37% NVLS Novellus Systems Information Technology
18.72% NVDA NVIDIA Corp. Information Technology
12.70% JEC Jacobs Engineering Group Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-14.67% SVU Supervalu Inc. Consumer Staples
-11.74% AIG American Int'l. Group Financials
-8.35% MRK Merck & Co. Health Care


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 34
Uptrend Support 16
Uptrend Exhaustion 51
Uptrend Broken Support 8
Downtrend Resistance 37
Oversold 5