Friday, January 07, 2011

Weekly Stock Market Overview - 1/7/2011

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 97.25 points or 0.84%. The Standard & Poor's 500 Index gained 13.86 points or 1.10%, while the Nasdaq Composite gained 50.30 points or 1.90%. Read More ...

The Technology sector was the strongest sector (2.22%) last week followed by the Health Care sector (1.81%). The Consumer Staples sector was the worst performing sector (-0.96%) of the week followed by the Materials sector (-0.26%).

The Services sector is the most overvalued sector followed by Technology, while Printed Circuit Boards, Staffing/Outsourcing Svcs, and Technical/System Software are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Financial, while Drug Delivery, REIT - Diversified, and REIT/Healthcare Facilities are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
29.03% NVDA NVIDIA Corp. Information Technology
14.49% PHM Pulte Homes, Inc. Consumer Discretionary
12.15% JDSU JDS Uniphase Corp Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.01% STZ Constellation Brands Consumer Staples
-11.69% FDO Family Dollar Stores Consumer Discretionary
-10.07% SVU Supervalu Inc. Consumer Staples


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 0
Downtrend Broken Resistance 36
Uptrend Support 6
Uptrend Exhaustion 33
Uptrend Broken Support 7
Downtrend Resistance 47
Oversold 0