Weekly Stock Market Overview - March 28, 2014

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 20.29 points or 0.12%. The Standard & Poor's 500 Index dropped -8.90 points or -0.48%, while the Nasdaq Composite dropped -121.03 points or -2.83%. Read More ...

The Energy Select Sector SPDR sector was the strongest sector (2.30%) last week followed by the Utilities Select Sector SPDR sector (1.23%). The Consumer Discretionary Select Sector SPDR sector was the worst performing sector (-2.13%) of the week followed by the Financial Select Sector SPDR sector (-1.29%).

The Utilities sector is the most overvalued sector followed by Basic Materials, while Aluminum, Oil & Gas Equipment/Svcs, and Agricultural Chemicals are among the most overvalued industries. The Financial sector is the most oversold sector followed by Industrial Goods, while Lumber Wood Production, Waste Management, and Diversified Investments are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 8.74% SYMC Symantec Corp. Information Technology 7.59% BAX Baxter International Inc. Health Care 5.99% NBL Noble Energy, Inc. Energy

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -7.92% IGT International Game Technology Consumer Discretionary -7.66% BIIB BIOGEN IDEC INC Health Care -7.40% MU Micron Technology Information Technology

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 0 Downtrend Broken Resistance 15 Uptrend Support 33 Uptrend Exhaustion 9 Uptrend Broken Support 2 Downtrend Resistance 18 Oversold 8