Weekly Stock Market Overview - Sep. 5, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 38.91 points or 0.23%. The Standard & Poor's 500 Index gained 4.34 points or 0.22%, while the Nasdaq Composite gained 2.63 points or 0.06%. Read More ...

The Consumer Staples Select Sector SPDR sector was the strongest sector (1.00%) last week followed by the Utilities Select Sector SPDR sector (0.79%). The Energy Select Sector SPDR sector was the worst performing sector (-1.68%) of the week followed by the Technology Select Sector SPDR sector (0.02%).

The Utilities sector is the most overvalued sector followed by Industrial Goods, while Metals Fabrication, Textile Manufacturing, and Small Tools & Accessories are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Consumer Goods, while Industrial Metals/Mineral, Confectioners, and Oil & Gas Drilling/Explor are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 10.10% SPLS Staples Inc. Consumer Discretionary 9.70% PVH PVH Corp. Consumer Discretionary 5.74% LUK Leucadia National Corp. Financials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -6.98% NBR Nabors Industries Ltd. Energy -6.94% FTI FMC Technologies Inc. Energy -6.54% NE Noble Corp Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 5 Downtrend Broken Resistance 21 Uptrend Support 3 Uptrend Exhaustion 8 Uptrend Broken Support 1 Downtrend Resistance 40 Oversold 5