Weekly Stock Market Overview - Jan. 17, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 21.51 points or 0.13%. The Standard & Poor's 500 Index dropped -3.67 points or -0.20%, while the Nasdaq Composite gained 22.91 points or 0.55%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (1.22%) last week followed by the Materials Select Sector SPDR sector (0.64%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-1.88%) of the week followed by the Energy Select Sector SPDR sector (-1.02%).

The Industrial Goods sector is the most overvalued sector followed by Technology, while Technical/System Software, Processing Systems/Prods, and Aerospace/Defense-Maj Dvd are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Financial, while REIT - Industrial, REIT/Healthcare Facilities, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 12.36% AA Alcoa Inc Materials 10.91% APOL Apollo Group Consumer Discretionary 10.21% NTAP NetApp, Inc. Information Technology

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -35.39% BBY Best Buy Co., Inc. Consumer Discretionary -11.17% JCP Penney (J.C.) Consumer Discretionary -9.08% SPLS Staples Inc. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 2 Downtrend Broken Resistance 13 Uptrend Support 20 Uptrend Exhaustion 26 Uptrend Broken Support 4 Downtrend Resistance 11 Oversold 10