Weekly Stock Market Overview - Sept. 12, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -149.85 points or -0.87%. The Standard & Poor's 500 Index dropped -22.17 points or -1.10%, while the Nasdaq Composite dropped -15.30 points or -0.33%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (-0.17%) last week followed by the Financial Select Sector SPDR sector (-0.30%). The Energy Select Sector SPDR sector was the worst performing sector (-3.63%) of the week followed by the Utilities Select Sector SPDR sector (-3.12%).

The Industrial Goods sector is the most overvalued sector followed by Technology, while Metals Fabrication, Diversified Commun Svcs, and Printed Circuit Boards are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Industrial Metals/Mineral, Oil & Gas Drilling/Explor, and Major Integrated Oil/Gas are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 8.31% YHOO Yahoo Inc. Information Technology 6.62% THC Tenet Healthcare Corp. Health Care 4.81% BAC Bank of America Corp. Financials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -8.66% VLO Valero Energy Energy -8.65% NFX Newfield Exploration Co Energy -7.25% TSCO Tractor Supply Company Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 9 Downtrend Broken Resistance 19 Uptrend Support 21 Uptrend Exhaustion 7 Uptrend Broken Support 4 Downtrend Resistance 15 Oversold 14