Weekly Stock Market Overview - Nov. 8, 2013

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 146.23 points or 0.94%. The Standard & Poor's 500 Index gained 8.97 points or 0.51%, while the Nasdaq Composite dropped -2.81 points or -0.07%. Read More ...

The Materials Select Sector SPDR sector was the strongest sector (1.18%) last week followed by the Financial Select Sector SPDR sector (1.17%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-0.42%) of the week followed by the Utilities Select Sector SPDR sector (-0.28%).

The Consumer Goods sector is the most overvalued sector followed by Industrial Goods, while Metals Fabrication, Industrial Electrical Eqp, and General Contractors are among the most overvalued industries. The Services sector is the most oversold sector followed by Basic Materials, while Gold, Auto Dealerships, and Auto Parts Wholesale are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 12.64% GPS Gap (The) Consumer Discretionary 7.03% PRU Prudential Financial Financials 7.02% X United States Steel Corp. Materials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -10.30% THC Tenet Healthcare Corp. Health Care -8.35% RRD R.R. Donnelley & Son Industrials -7.53% PXD Pioneer Natural Resources Co. Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 0 Downtrend Broken Resistance 23 Uptrend Support 14 Uptrend Exhaustion 11 Uptrend Broken Support 4 Downtrend Resistance 15 Oversold 4