Weekly Stock Market Overview - Dec. 13, 2013

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -264.84 points or -1.65%. The Standard & Poor's 500 Index dropped -29.77 points or -1.65%, while the Nasdaq Composite dropped -61.54 points or -1.51%. Read More ...

The Materials Select Sector SPDR sector was the strongest sector (-0.63%) last week followed by the Consumer Discretionary Select Sector SPDR sector (-1.00%). The Health Care Select Sector SPDR sector was the worst performing sector (-2.55%) of the week followed by the Utilities Select Sector SPDR sector (-2.42%).

The Conglomerates sector is the most overvalued sector followed by Consumer Goods, while Housewares & Accessories, Recreational Vehicles, and Auto Parts are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Industrial Goods, while Gold, Oil & Gas Pipelines, and Heavy Construction are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 9.51% ADBE Adobe Systems Information Technology 6.84% S Sprint Nextel Corp. Telecommunications Services 6.06% JCP Penney (J.C.) Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -11.62% NFX Newfield Exploration Co Energy -10.87% LH LABORATORY CP Health Care -9.65% DGX Quest Diagnostics Health Care

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 8 Downtrend Broken Resistance 13 Uptrend Support 35 Uptrend Exhaustion 1 Uptrend Broken Support 5 Downtrend Resistance 3 Oversold 17