Weekly Stock Market Overview - Dec. 27, 2013

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 257.27 points or 1.59%. The Standard & Poor's 500 Index gained 23.08 points or 1.27%, while the Nasdaq Composite gained 51.85 points or 1.26%. Read More ...

The Materials Select Sector SPDR sector was the strongest sector (2.45%) last week followed by the Energy Select Sector SPDR sector (1.87%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.05%) of the week followed by the Consumer Staples Select Sector SPDR sector (0.68%).

The Consumer Goods sector is the most overvalued sector followed by Conglomerates, while Housewares & Accessories, Auto Parts, and Conglomerates are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Utilities, while Medical Labs & Research, Water Utilities, and Hospitals are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 9.58% CLF Cliffs Natural Resources Inc Materials 9.43% S Sprint Nextel Corp. Telecommunications Services 8.29% JCP Penney (J.C.) Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -4.37% WFM Whole Foods Market Consumer Staples -2.93% MU Micron Technology Information Technology -2.73% WAG Walgreen Co. Consumer Staples

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 1 Downtrend Broken Resistance 17 Uptrend Support 2 Uptrend Exhaustion 101 Uptrend Broken Support 1 Downtrend Resistance 34 Oversold 4