Weekly Stock Market Overview - Dec. 12, 2014

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -677.96 points or -3.78%. The Standard & Poor's 500 Index dropped -73.04 points or -3.52%, while the Nasdaq Composite dropped -127.15 points or -2.66%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (0.09%) last week followed by the Consumer Staples Select Sector SPDR sector (-1.92%). The Energy Select Sector SPDR sector was the worst performing sector (-7.80%) of the week followed by the Materials Select Sector SPDR sector (-5.97%).

The Services sector is the most overvalued sector followed by Industrial Goods, while Major Airlines, Auto Parts Wholesale, and Auto Parts Stores are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Copper, Oil & Gas Drilling/Explor, and Independent Oil & Gas are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 14.57% SPLS Staples Inc. Consumer Discretionary 8.60% WAG Walgreen Co. Consumer Staples 5.00% ADBE Adobe Systems Information Technology

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -18.10% NBR Nabors Industries Ltd. Energy -17.10% BTU Peabody Energy Corp Materials -16.26% FCX Freeport-McMoran Cp & Gld Materials

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 21 Downtrend Broken Resistance 16 Uptrend Support 16 Uptrend Exhaustion 5 Uptrend Broken Support 1 Downtrend Resistance 3 Oversold 20