Friday, January 06, 2012

Weekly Stock Market Overview - Jan.6, 2012

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 142.36 points or 1.17%. The Standard & Poor's 500 Index gained 20.21 points or 1.61%, while the Nasdaq Composite gained 69.07 points or 2.65%. Read More ...

The Materials sector was the strongest sector (3.79%) last week followed by the Financial sector (3.04%). The Utilities sector was the worst performing sector (-2.67%) of the week followed by the Consumer Staples sector (-1.02%).

The Conglomerates sector is the most overvalued sector followed by Consumer Goods, while Housewares & Accessories, Rubber & Plastics, and Processed/Packaged Goods are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, while Drug Delivery, Water Utilities, and Medical Instruments/Supls are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
14.47% MU Micron Technology Information Technology
13.07% FII Federated Investors Inc. Financials
12.94% LSI LSI Corporation Information Technology


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-9.30% AN AutoNation, Inc. Consumer Discretionary
-8.12% SHLD Sears Holdings Corporation Consumer Discretionary


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 1
Downtrend Broken Resistance 30
Uptrend Support 1
Uptrend Exhaustion 12
Uptrend Broken Support 4
Downtrend Resistance 58
Oversold 2