Weekly Stock Market Overview - July 17, 2015

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 326.04 points or 1.84%. The Standard & Poor's 500 Index gained 50.02 points or 2.41%, while the Nasdaq Composite gained 212.44 points or 4.25%. Read More ...

The Technology Select Sector SPDR sector was the strongest sector (4.83%) last week followed by the Financial Select Sector SPDR sector (3.04%). The Energy Select Sector SPDR sector was the worst performing sector (-1.43%) of the week followed by the Materials Select Sector SPDR sector (-0.08%).

The Services sector is the most overvalued sector followed by Healthcare, while Specialty Eateries, Music & Video Stores, and Drug Stores are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Conglomerates, while Aluminum, Industrial Metals/Mineral, and Major Integrated Oil/Gas are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 15.40% TE TECO Energy Utilities 14.51% MU Micron Technology Information Technology 9.13% VRTX Vertex Pharmaceuticals Health Care

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -19.38% BTU Peabody Energy Corp Materials -10.97% RDC Rowan Cos. Energy -9.07% ATI Allegheny Technologies Inc Materials

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 23 Downtrend Broken Resistance 21 Uptrend Support 13 Uptrend Exhaustion 14 Uptrend Broken Support 1 Downtrend Resistance 42 Oversold 36