Weekly Stock Market Overview - Sept. 19, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 292.23 points or 1.72%. The Standard & Poor's 500 Index gained 24.86 points or 1.25%, while the Nasdaq Composite gained 12.19 points or 0.27%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (1.68%) last week followed by the Materials Select Sector SPDR sector (1.39%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (0.20%) of the week followed by the Energy Select Sector SPDR sector (0.25%).

The Services sector is the most overvalued sector followed by Consumer Goods, while Regional Airlines, Housewares & Accessories, and Lodging are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Industrial Metals/Mineral, Oil & Gas Drilling/Explor, and Copper are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 13.20% X United States Steel Corp. Materials 11.57% VRTX Vertex Pharmaceuticals Health Care 9.99% DD Du Pont (E.I.) Materials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -7.96% BTU Peabody Energy Corp Materials -6.55% RDC Rowan Cos. Energy -6.44% NE Noble Corp Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 15 Downtrend Broken Resistance 18 Uptrend Support 32 Uptrend Exhaustion 24 Uptrend Broken Support 4 Downtrend Resistance 27 Oversold 13