Weekly Stock Market Overview - March 21, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 237.10 points or 1.48%. The Standard & Poor's 500 Index gained 25.39 points or 1.38%, while the Nasdaq Composite gained 31.39 points or 0.74%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (2.75%) last week followed by the Technology Select Sector SPDR sector (1.91%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.93%) of the week followed by the Health Care Select Sector SPDR sector (-0.44%).

The Utilities sector is the most overvalued sector followed by Technology, while Multimedia/Graphics Sftwr, Computer Peripherals, and Information Technlgy Svcs are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Financial, while REIT/Healthcare Facilities, Prprty/Casualty Insurance, and Diversified Investments are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 12.64% X United States Steel Corp. Materials 9.91% HPQ Hewlett-Packard Information Technology 9.52% SCHW Charles Schwab Financials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -9.72% SYMC Symantec Corp. Information Technology -6.23% NEM Newmont Mining Corp. (Hldg. Co.) Materials -4.72% FRX Forest Laboratories Health Care

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 1 Downtrend Broken Resistance 15 Uptrend Support 9 Uptrend Exhaustion 15 Uptrend Broken Support 7 Downtrend Resistance 24 Oversold 4