Weekly Stock Market Overview Oct. 15, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 131.48 points or 0.77%. The Standard & Poor's 500 Index gained 18.22 points or 0.90%, while the Nasdaq Composite gained 56.22 points or 1.16%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.26%) last week followed by the Health Care Select Sector SPDR sector (1.93%). The Industrial Select Sector SPDR sector was the worst performing sector (-1.55%) of the week followed by the Materials Select Sector SPDR sector (-0.14%).

The Technology sector is the most overvalued sector followed by Utilities, while Printed Circuit Boards, Semiconductor-Specialized, and Business Software & Svcs are among the most overvalued industries. The Consumer Goods sector is the most oversold sector followed by Financial, while Recreational Goods Other, Trucks & Other Vehicles, and Regional-Southeast Banks are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 12.20% SNDK SanDisk Corp. Information Technology 10.26% EA Electronic Arts Information Technology 8.20% TAP Molson Coors Brewing Company Consumer Staples

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -29.31% PWR Quanta Services Inc. Industrials -11.70% WMT Wal-Mart Stores Consumer Staples -11.27% NBR Nabors Industries Ltd. Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 1 Downtrend Broken Resistance 75 Uptrend Support 0 Uptrend Exhaustion 7 Uptrend Broken Support 0 Downtrend Resistance 119 Oversold 4