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