Friday, January 20, 2012

Weekly Stock Market Overview - Jan 20, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 298.42 points or 2.40%. The Standard & Poor's 500 Index gained 26.29 points or 2.04%, while the Nasdaq Composite gained 76.03 points or 2.80%. Read More ...

The Energy sector was the strongest sector (2.79%) last week followed by the Technology sector (2.76%). The Utilities sector was the worst performing sector (-0.80%) of the week followed by the Consumer Staples sector (0.81%).

The Conglomerates sector is the most overvalued sector followed by Technology, while Computer Peripherals, Long Distance Carriers, and Semiconductr-Memory Chips are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Gold, Industrial Metals/Mineral, and Aluminum are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
46.01% SHLD Sears Holdings Corporation Consumer Discretionary
17.26% JDSU JDS Uniphase Corp Information Technology
13.43% AMD Advanced Micro Devices Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-15.34% RRD R.R. Donnelley & Son Industrials
-12.28% SUN Sunoco., Inc. Energy
-10.13% JCI Johnson Controls Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 4
Downtrend Broken Resistance 48
Uptrend Support 3
Uptrend Exhaustion 20
Uptrend Broken Support 4
Downtrend Resistance 91
Oversold 4