Weekly Stock Market Overview - Oct. 24, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 425.00 points or 2.59%. The Standard & Poor's 500 Index gained 77.82 points or 4.12%, while the Nasdaq Composite gained 225.27 points or 5.29%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (6.60%) last week followed by the Industrial Select Sector SPDR sector (4.33%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (2.87%) of the week followed by the Financial Select Sector SPDR sector (3.49%).

The Conglomerates sector is the most overvalued sector followed by Financial, while Investmnt Brokerage-Regnl, REIT - Retail, and REIT/Healthcare Facilities are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Gold, Copper, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 21.83% TSCO Tractor Supply Company Consumer Discretionary 17.94% EW Edwards Lifesciences Corp Health Care 14.71% KMX Carmax Inc Consumer Discretionary

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -10.97% IBM International Bus. Machines Information Technology -5.71% BTU Peabody Energy Corp Materials -4.31% KO Coca Cola Co. Consumer Staples

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 0 Downtrend Broken Resistance 22 Uptrend Support 3 Uptrend Exhaustion 3 Uptrend Broken Support 1 Downtrend Resistance 27 Oversold 3