Friday, January 11, 2013

Weekly Stock Market Overview - Jan 11, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 53.22 points or 0.40%. The Standard & Poor's 500 Index gained 5.58 points or 0.38%, while the Nasdaq Composite gained 23.97 points or 0.77%. Read More ...

The Health Care sector was the strongest sector (2.13%) last week followed by the Materials sector (0.88%). The Utilities sector was the worst performing sector (-0.95%) of the week followed by the Energy sector (-0.24%).

The Services sector is the most overvalued sector followed by Conglomerates, while Rental & Leasing Services, Regional Airlines, and Music & Video Stores are among the most overvalued industries. The Technology sector is the most oversold sector followed by Financial, while Wireless Communications, Long Distance Carriers, and Personal Computers are among the most oversold industries.

Weekly S&P 500 Winners
Gains/Loses(%) Symbol Company Sector
17.34% BBY Best Buy Co., Inc. Consumer Discretionary
8.33% MU Micron Technology Information Technology
7.94% HAR Harman Int'l Consumer Discretionary


Weekly S&P 500 Losers
Gains/Loses(%) Symbol Company Sector
-12.80% APOL Apollo Group Consumer Discretionary
-11.45% JCP Penney (J.C.) Consumer Discretionary
-7.60% BTU Peabody Energy Corp Materials


Weekly S&P 500 Alerts
Stock Market Alerts Count
Downtrend Exhaustion 2
Downtrend Broken Resistance 31
Uptrend Support 2
Uptrend Exhaustion 50
Uptrend Broken Support 3
Downtrend Resistance 68
Oversold 6