Weekly Stock Market Overview - Jan. 31, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -180.26 points or -1.14%. The Standard & Poor's 500 Index dropped -7.70 points or -0.43%, while the Nasdaq Composite dropped -24.29 points or -0.59%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.95%) last week followed by the Health Care Select Sector SPDR sector (0.54%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-1.74%) of the week followed by the Energy Select Sector SPDR sector (-1.13%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Residential Construction, General Contractors, and Aerospace/Defense-Prd/Svc are among the most overvalued industries. The Services sector is the most oversold sector followed by Financial, while Electronics Stores, Specialty Eateries, and Specialty Retail Other are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 16.36% PBI Pitney-Bowes Industrials 15.72% HAR Harman Int'l Consumer Discretionary 13.92% LXK Lexmark Int'l Inc Information Technology

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -13.18% NEM Newmont Mining Corp. (Hldg. Co.) Materials -12.00% MAT Mattel, Inc. Consumer Discretionary -11.64% JCP Penney (J.C.) Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 15 Downtrend Broken Resistance 11 Uptrend Support 87 Uptrend Exhaustion 1 Uptrend Broken Support 3 Downtrend Resistance 6 Oversold 38