Weekly Stock Market Overview - 12/24/2009 |
It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 191.21 points or 1.85%. The Standard & Poor's 500 Index gained 24.01 points or 2.18%, while the Nasdaq Composite gained 74.00 points or 3.35%. |
The Materials sector was the strongest sector (4.44%) last week followed by the Technology sector (3.05%). The Utilities sector was the worst performing sector (0.41%) of the week followed by the Health Care sector (1.06%). |
The Technology sector is the most overvalued sector followed by Basic Materials, while Information Technlgy Svcs, Diversified Computer Sys, and Semiconductr-Memory Chips are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while hospitals, Biotechnology, and Medical Instruments/Supls are among the most oversold industries. |
Weekly S&P 500 Winners |
Gains/Loses(%) | Symbol | Company | Sector | 24.78% | MBI | MBIA Inc. | Financials | 20.14% | SNDK | SanDisk Corp. | Information Technology | 17.70% | JBL | Jabil Circuit | Information Technology | |
Weekly S&P 500 Loosers |
Gains/Loses(%) | Symbol | Company | Sector | -10.73% | CTAS | Cintas Corporation | Industrials | -6.45% | MOT | Motorola Inc. | Information Technology | -5.64% | DYN | Dynegy Inc. (New) Class A | Utilities | |