Weekly Stock Market Overview - Dec. 26, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 248.91 points or 1.40%. The Standard & Poor's 500 Index gained 18.12 points or 0.88%, while the Nasdaq Composite gained 41.48 points or 0.87%. Read More ...

The Utilities Select Sector SPDR sector was the strongest sector (3.61%) last week followed by the Consumer Discretionary Select Sector SPDR sector (1.92%). The Health Care Select Sector SPDR sector was the worst performing sector (-1.82%) of the week followed by the Energy Select Sector SPDR sector (-0.57%).

The Utilities sector is the most overvalued sector followed by Basic Materials, while Diversified Utilities, Electric Utilities are among the most overvalued industries. The Industrial Goods sector is the most oversold sector followed by Conglomerates, while Metals Fabrication, General Contractors, and Heavy Construction are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 5.88% ESRX Express Scripts Health Care 5.64% NU Northeast Utilities Utilities 5.63% NI NiSource Inc. Utilities

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -13.52% GILD Gilead Sciences Health Care -8.77% BTU Peabody Energy Corp Materials -7.76% NBL Noble Energy, Inc. Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 4 Downtrend Broken Resistance 29 Uptrend Support 2 Uptrend Exhaustion 70 Uptrend Broken Support 2 Downtrend Resistance 46 Oversold 1