Weekly Stock Market Overview - Jan. 16, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -225.80 points or -1.27%. The Standard & Poor's 500 Index dropped -25.39 points or -1.24%, while the Nasdaq Composite dropped -69.69 points or -1.48%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.62%) last week followed by the Consumer Staples Select Sector SPDR sector (0.33%). The Financial Select Sector SPDR sector was the worst performing sector (-2.61%) of the week followed by the Technology Select Sector SPDR sector (-2.11%).

The Utilities sector is the most overvalued sector followed by Healthcare, while Drug Delivery, Health Care Plans, and Medical Labs & Research are among the most overvalued industries. The Services sector is the most oversold sector followed by Basic Materials, while Copper, Industrial Metals/Mineral, and Oil & Gas Pipelines are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 7.58% NEM Newmont Mining Corp. (Hldg. Co.) Materials 6.38% MHK Mohawk Industries Consumer Discretionary 5.63% NFX Newfield Exploration Co Energy

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -18.67% SNDK SanDisk Corp. Information Technology -17.95% FCX Freeport-McMoran Cp & Gld Materials -14.55% TIF Tiffany & Co. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 14 Downtrend Broken Resistance 11 Uptrend Support 48 Uptrend Exhaustion 15 Uptrend Broken Support 3 Downtrend Resistance 4 Oversold 26