Weekly Stock Market Overview - Aug 1, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -467.20 points or -2.75%. The Standard & Poor's 500 Index dropped -53.19 points or -2.69%, while the Nasdaq Composite dropped -96.92 points or -2.18%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (-1.41%) last week followed by the Consumer Discretionary Select Sector SPDR sector (-1.75%). The Energy Select Sector SPDR sector was the worst performing sector (-4.00%) of the week followed by the Industrial Select Sector SPDR sector (-3.74%).

The Industrial Goods sector is the most overvalued sector followed by Utilities, while Metals Fabrication, Waste Management, and Small Tools & Accessories are among the most overvalued industries. The Healthcare sector is the most oversold sector followed by Consumer Goods, while Recreational Vehicles, Confectioners, and Recreational Goods Other are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 25.04% FDO Family Dollar Stores Consumer Discretionary 20.63% X United States Steel Corp. Materials 10.39% FTR Frontier Communications Telecommunications Services

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -13.28% ETN Eaton Corp. Industrials -12.90% GT Goodyear Tire & Rubber Consumer Discretionary -11.93% PNR Pentair Ltd. Industrials

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 10 Downtrend Broken Resistance 13 Uptrend Support 87 Uptrend Exhaustion 2 Uptrend Broken Support 3 Downtrend Resistance 3 Oversold 24