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