Weekly Stock Market Overview - Oct. 4, 2013

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -185.66 points or -1.22%. The Standard & Poor's 500 Index dropped -1.25 points or -0.07%, while the Nasdaq Composite gained 26.16 points or 0.69%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (1.03%) last week followed by the Materials Select Sector SPDR sector (0.93%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (-1.04%) of the week followed by the Industrial Select Sector SPDR sector (-0.88%).

The Basic Materials sector is the most overvalued sector followed by Industrial Goods, while Agricultural Chemicals, Metals Fabrication, and Small Tools & Accessories are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Consumer Goods, while Dairy Products, Food - Major Diversified, and Processed/Packaged Goods are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 14.31% THC Tenet Healthcare Corp. Health Care 8.76% STZ Constellation Brands Consumer Staples 8.55% SHLD Sears Holdings Corporation Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -13.15% JCP Penney (J.C.) Consumer Discretionary -5.70% RTN Raytheon Co. (New) Industrials -5.55% DHI D.R. Horton Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 6 Downtrend Broken Resistance 17 Uptrend Support 28 Uptrend Exhaustion 7 Uptrend Broken Support 1 Downtrend Resistance 12 Oversold 34