Friday, January 13, 2012

Weekly Stock Market Overview - Jan 13, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 62.14 points or 0.50%. The Standard & Poor's 500 Index gained 11.28 points or 0.88%, while the Nasdaq Composite gained 36.45 points or 1.36%. Read More ...

The Materials sector was the strongest sector (3.83%) last week followed by the Financial sector (3.14%). The Energy sector was the worst performing sector (-1.42%) of the week followed by the Utilities sector (-0.37%).

The Consumer Goods sector is the most overvalued sector followed by Conglomerates, while Housewares & Accessories, Processed/Packaged Goods, and Beverages-Brewers are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Water Utilities, Gas Utilities, and Drug Delivery are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.93% SHLD Sears Holdings Corporation Consumer Discretionary
10.77% TXT Textron Inc. Industrials
10.29% LM Legg Mason Financials


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-16.76% COG Cabot Oil & Gas Corp. Energy
-14.46% SVU Supervalu Inc. Consumer Staples
-12.53% EQT EQT Corporation Utilities


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 3
Downtrend Broken Resistance 40
Uptrend Support 7
Uptrend Exhaustion 22
Uptrend Broken Support 6
Downtrend Resistance 69
Oversold 6