Weekly Stock Market Overview - Oct. 10, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -465.59 points or -2.74%. The Standard & Poor's 500 Index dropped -61.77 points or -3.14%, while the Nasdaq Composite dropped -199.38 points or -4.45%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (0.92%) last week followed by the Consumer Staples Select Sector SPDR sector (0.37%). The Energy Select Sector SPDR sector was the worst performing sector (-5.24%) of the week followed by the Industrial Select Sector SPDR sector (-4.70%).

The Healthcare sector is the most overvalued sector followed by Industrial Goods, while Biotechnology, Drug Manufacturers/Other, and Drugs - Generic are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Copper, Oil & Gas Drilling/Explor, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 10.39% BDX Becton, Dickinson Health Care 4.06% FE FirstEnergy Corp. Utilities 3.99% WEC Wisconsin Energy Corp. Utilities

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -18.12% MU Micron Technology Information Technology -14.01% NFX Newfield Exploration Co Energy -13.48% GPS Gap (The) Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 31 Downtrend Broken Resistance 11 Uptrend Support 68 Uptrend Exhaustion 1 Uptrend Broken Support 1 Downtrend Resistance 6 Oversold 57