Weekly Stock Market Overview - Dec. 19, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 523.97 points or 3.03%. The Standard & Poor's 500 Index gained 68.32 points or 3.41%, while the Nasdaq Composite gained 111.78 points or 2.40%. Read More ...

The Energy Select Sector SPDR sector was the strongest sector (8.85%) last week followed by the Materials Select Sector SPDR sector (4.32%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (1.24%) of the week followed by the Consumer Staples Select Sector SPDR sector (1.48%).

The Basic Materials sector is the most overvalued sector followed by Healthcare, while Drug Delivery, Health Care Plans, and Medical Instruments/Supls are among the most overvalued industries. The Conglomerates sector is the most oversold sector followed by Utilities, while Gas Utilities, Water Utilities, and Conglomerates are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 36.30% NBR Nabors Industries Ltd. Energy 28.31% NE Noble Corp Energy 21.19% ESV Ensco plc Energy

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -5.06% MAT Mattel, Inc. Consumer Discretionary -4.78% NUE Nucor Corp. Materials -4.77% XLNX Xilinx, Inc Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 1 Downtrend Broken Resistance 25 Uptrend Support 0 Uptrend Exhaustion 11 Uptrend Broken Support 2 Downtrend Resistance 7 Oversold 3