Weekly Stock Market Overview - May 23, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 114.96 points or 0.70%. The Standard & Poor's 500 Index gained 22.67 points or 1.21%, while the Nasdaq Composite gained 95.22 points or 2.33%. Read More ...

The Consumer Discretionary Select Sector SPDR sector was the strongest sector (2.09%) last week followed by the Technology Select Sector SPDR sector (1.80%). The Utilities Select Sector SPDR sector was the worst performing sector (-0.90%) of the week followed by the Consumer Staples Select Sector SPDR sector (0.00%).

The Industrial Goods sector is the most overvalued sector followed by Technology, while Personal Computers, Semiconductr-Memory Chips, and Telecom Services/Domestic are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Consumer Goods, while Confectioners, Recreational Goods Other, and Textile-Apparel Footwr/Ac are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 7.73% JCI Johnson Controls Consumer Discretionary 7.72% DF Dean Foods Consumer Staples 6.75% TIF Tiffany & Co. Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -12.01% SPLS Staples Inc. Consumer Discretionary -10.14% URBN Urban Outfitters Inc. Consumer Discretionary -8.36% BTU Peabody Energy Corp Materials

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 2 Downtrend Broken Resistance 17 Uptrend Support 18 Uptrend Exhaustion 11 Uptrend Broken Support 6 Downtrend Resistance 29 Oversold 5