Weekly Stock Market Overview - May 9, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 70.45 points or 0.43%. The Standard & Poor's 500 Index dropped -2.66 points or -0.14%, while the Nasdaq Composite dropped -52.03 points or -1.26%. Read More ...

The Consumer Staples Select Sector SPDR sector was the strongest sector (0.70%) last week followed by the Materials Select Sector SPDR sector (0.42%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-0.64%) of the week followed by the Utilities Select Sector SPDR sector (-0.56%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Farm/Construction Machnry, Electric Utilities, and Small Tools & Accessories are among the most overvalued industries. The Technology sector is the most oversold sector followed by Financial, while Technical/System Software, Internet Info. Providers, and Regional-Pacific Banks are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 23.23% EA Electronic Arts Information Technology 10.24% HUM Humana Inc. Health Care

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -20.81% WFM Whole Foods Market Consumer Staples -12.13% TDC Teradata Corp. Telecommunications Services -10.85% PRGO Perrigo Co Health Care

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 2 Downtrend Broken Resistance 10 Uptrend Support 20 Uptrend Exhaustion 9 Uptrend Broken Support 1 Downtrend Resistance 23 Oversold 18