Weekly Stock Market Overview - Feb. 28, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 218.41 points or 1.36%. The Standard & Poor's 500 Index gained 23.20 points or 1.26%, while the Nasdaq Composite gained 44.71 points or 1.05%. Read More ...

The Consumer Discretionary Select Sector SPDR sector was the strongest sector (2.52%) last week followed by the Materials Select Sector SPDR sector (1.93%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.25%) of the week followed by the Financial Select Sector SPDR sector (1.02%).

The Financial sector is the most overvalued sector followed by Healthcare, while Drug Manufacturers/Other, Property Management, and Drugs - Generic are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Conglomerates, while Water Utilities, Gas Utilities, and Electric Utilities are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 29.08% JCP Penney (J.C.) Consumer Discretionary 14.13% NFX Newfield Exploration Co Energy 13.75% ANF Abercrombie & Fitch Co. Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -8.83% CLF Cliffs Natural Resources Inc Materials -6.70% AES AES Corp. Utilities -6.23% APA Apache Corp. Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 1 Downtrend Broken Resistance 22 Uptrend Support 2 Uptrend Exhaustion 15 Uptrend Broken Support 1 Downtrend Resistance 45 Oversold 5