Weekly Stock Market Overview - May 16, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average dropped -92.03 points or -0.55%. The Standard & Poor's 500 Index gave back -0.62 points or -0.03%, while the Nasdaq Composite gained 18.72 points or 0.46%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (0.96%) last week followed by the Health Care Select Sector SPDR sector (0.57%). The Financial Select Sector SPDR sector was the worst performing sector (-0.84%) of the week followed by the Consumer Staples Select Sector SPDR sector (-0.52%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Small Tools & Accessories, Farm/Construction Machnry, and Electric Utilities are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Services, while Broadcasting - TV, Home Furnishing Stores, and Technical Services are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 14.77% JWN Nordstrom Consumer Discretionary 10.57% JCP Penney (J.C.) Consumer Discretionary 10.29% ADSK Autodesk, Inc. Information Technology

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -7.84% FOSL Fossil, Inc. Consumer Discretionary -6.52% SHLD Sears Holdings Corporation Consumer Discretionary -5.90% PCP Precision Castparts Industrials

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 1 Downtrend Broken Resistance 11 Uptrend Support 21 Uptrend Exhaustion 8 Uptrend Broken Support 2 Downtrend Resistance 11 Oversold 7