Weekly Stock Market Overview - Oct. 31, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 585.11 points or 3.48%. The Standard & Poor's 500 Index gained 53.47 points or 2.72%, while the Nasdaq Composite gained 147.03 points or 3.28%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (3.29%) last week followed by the Financial Select Sector SPDR sector (3.20%). The Materials Select Sector SPDR sector was the worst performing sector (0.25%) of the week followed by the Consumer Staples Select Sector SPDR sector (1.74%).

The Services sector is the most overvalued sector followed by Utilities, while Auto Parts Wholesale, Diversified Utilities, and Food Wholesale are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Basic Materials, while Copper, Gold, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 16.43% GT Goodyear Tire & Rubber Consumer Discretionary 12.71% EA Electronic Arts Information Technology 10.39% NFX Newfield Exploration Co Energy

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -14.53% NEM Newmont Mining Corp. (Hldg. Co.) Materials -9.41% AVP Avon Products Consumer Staples -8.24% KSS Kohl's Corp. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 7 Downtrend Broken Resistance 26 Uptrend Support 4 Uptrend Exhaustion 26 Uptrend Broken Support 0 Downtrend Resistance 59 Oversold 4