Weekly Stock Market Overview - March 7, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 131.01 points or 0.80%. The Standard & Poor's 500 Index gained 18.59 points or 1.00%, while the Nasdaq Composite gained 28.10 points or 0.65%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (3.09%) last week followed by the Industrial Select Sector SPDR sector (1.81%). The Utilities Select Sector SPDR sector was the worst performing sector (-1.14%) of the week followed by the Health Care Select Sector SPDR sector (0.02%).

The Services sector is the most overvalued sector followed by Conglomerates, while Gaming Activities, Music & Video Stores, and Regional Airlines are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Long Distance Carriers, Personal Computers, and Printed Circuit Boards are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 21.73% BIG Big Lots, Inc. Consumer Discretionary 19.23% JCP Penney (J.C.) Consumer Discretionary 10.44% VLO Valero Energy Energy

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -15.53% SPLS Staples Inc. Consumer Discretionary -12.76% DOV Dover Corp. Industrials -6.89% CLF Cliffs Natural Resources Inc Materials

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 0 Downtrend Broken Resistance 16 Uptrend Support 2 Uptrend Exhaustion 23 Uptrend Broken Support 1 Downtrend Resistance 46 Oversold 4