Weekly Stock Market Overview - Dec 30, 2011

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -76.44 points or -0.62%. The Standard & Poor's 500 Index dropped -7.73 points or -0.61%, while the Nasdaq Composite dropped -13.49 points or -0.52%. Read More ...

The Utilities sector was the strongest sector (0.50%) last week followed by the Consumer Staples sector (-0.25%). The Materials sector was the worst performing sector (-1.21%) of the week followed by the Financial sector (-1.14%).

The Healthcare sector is the most overvalued sector followed by Basic Materials, while Oil & Gas Pipelines, Drug Manufacturers/Major, and Medical Labs & Research are among the most overvalued industries. The Technology sector is the most oversold sector followed by Conglomerates, while Semiconductor-Intgrtd Circ, Information Technlgy Svcs, and Wireless Communications are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%)	Symbol	Company	Sector
6.24%	PCS	MetroPCS Communications Inc.	Telecommunications Services
4.17%	GILD	Gilead Sciences	Health Care
3.93%	IGT	International Game Technology	Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%)	Symbol	Company	Sector
-30.69%	SHLD	Sears Holdings Corporation	Consumer Discretionary
-10.50%	CSC	Computer Sciences Corp.	Information Technology
-7.31%	WHR	Whirlpool Corp.	Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts	Count
Downtrend Exhaustion	2
Downtrend Broken Resistance	20
Uptrend Support	10
Uptrend Exhaustion	31
Uptrend Broken Support	7
Downtrend Resistance	48
Oversold	6