Friday, January 21, 2011

Weekly Stock Market Overview - 1/21/2011

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 84.46 points or 0.72%. The Standard & Poor's 500 Index dropped -9.89 points or -0.76%, while the Nasdaq Composite dropped -65.76 points or -2.39%. Read More ...

The Utilities sector was the strongest sector (0.66%) last week followed by the Consumer Staples sector (0.55%). The Materials sector was the worst performing sector (-3.41%) of the week followed by the Technology sector (-1.72%).

The Basic Materials sector is the most overvalued sector followed by Technology, 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, Savings & Loans, and REIT/Healthcare Facilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
8.13% NWSA News Corporation Consumer Discretionary
7.57% HRB Block H&R Consumer Discretionary
6.34% LMT Lockheed Martin Corp. Industrials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-20.37% AIG American Int'l. Group Financials
-9.83% JDSU JDS Uniphase Corp Information Technology
-8.41% FCX Freeport-McMoran Cp & Gld Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 35
Uptrend Support 6
Uptrend Exhaustion 27
Uptrend Broken Support 6
Downtrend Resistance 38
Oversold 2