Weekly Stock Market Overview - May 30, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 110.90 points or 0.67%. The Standard & Poor's 500 Index gained 23.04 points or 1.21%, while the Nasdaq Composite gained 56.81 points or 1.36%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (2.35%) last week followed by the Consumer Staples Select Sector SPDR sector (1.72%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (0.92%) of the week followed by the Industrial Select Sector SPDR sector (0.93%).

The Technology sector is the most overvalued sector followed by Consumer Goods, while Personal Computers, Beverages-Brewers, and Cigarettes are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Healthcare, while Drug Related Products, Water Utilities, and Drugs - Generic are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 11.77% BIG Big Lots, Inc. Consumer Discretionary 11.73% SHLD Sears Holdings Corporation Consumer Discretionary 7.85% EXC Exelon Corp. Utilities

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -6.16% BTU Peabody Energy Corp Materials -5.02% SPG Simon Property Group, Inc Financials -4.32% X United States Steel Corp. Materials

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 2 Downtrend Broken Resistance 23 Uptrend Support 11 Uptrend Exhaustion 14 Uptrend Broken Support 1 Downtrend Resistance 45 Oversold 6