The first week of the new year saw the broad market index advance 1.05%, and some big winners and losers among the sectors. Let's take a look (click on images for enhanced viewing):
Automobiles and Parts was the big sector winner. GM (+5.75%) and F (+8.8%) were big contributors along with LEA (+7.18%) and MGA (14.83%). HOWEVER, the auto parts stores had a drag of a week. Big sector losers were Gold Miners and Platinum and precious metals--largely a reaction to the USD's strength. Here are the top/bottom performers (using sub-sectors):
Home Construction experienced a surge with KBH's good news. This sector is heavily shorted and the bears got caught with their hands in the honey jar. I created a chart book for you with the short interest and the weekly charts.
Let's take a look at the broad market index:
For your weekly research, I've prepared a chart book for you on the major sectors as well as some weekly change in price and short interest on subsectors. You may download it here (9.1mb).
Disclosure: I have no positions in any stocks mentioned.