Weekly Stock Market Overview - Oct. 11th, 2013

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 164.53 points or 1.09%. The Standard & Poor's 500 Index gained 12.70 points or 0.75%, while the Nasdaq Composite dropped -15.88 points or -0.42%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.60%) last week followed by the Consumer Staples Select Sector SPDR sector (1.91%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-0.31%) of the week followed by the Materials Select Sector SPDR sector (0.00%).

The Healthcare sector is the most overvalued sector followed by Utilities, while Drugs - Generic, Biotechnology, and Drug Related Products are among the most overvalued industries. The Financial sector is the most oversold sector followed by Conglomerates, while REIT - Retail, Regional-Pacific Banks, and Regional-Southeast Banks are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 8.09% DRI Darden Restaurants Consumer Discretionary 7.24% HPQ Hewlett-Packard Information Technology 6.70% SWY Safeway Inc. Consumer Staples

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -16.17% CTXS Citrix Systems Information Technology -14.37% SHLD Sears Holdings Corporation Consumer Discretionary -9.29% LTD Limited Brands, Inc. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 0 Downtrend Broken Resistance 18 Uptrend Support 10 Uptrend Exhaustion 3 Uptrend Broken Support 7 Downtrend Resistance 7 Oversold 4