Weekly Stock Market Overview - June 6, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 207.11 points or 1.24%. The Standard & Poor's 500 Index gained 25.87 points or 1.34%, while the Nasdaq Composite gained 78.78 points or 1.86%. Read More ...

The Industrial Select Sector SPDR sector was the strongest sector (2.33%) last week followed by the Financial Select Sector SPDR sector (2.29%). The Consumer Staples Select Sector SPDR sector was the worst performing sector (0.42%) of the week followed by the Health Care Select Sector SPDR sector (0.62%).

The Services sector is the most overvalued sector followed by Consumer Goods, while Regional Airlines, Beverages-Brewers, and Drug Stores are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Technology, while Water Utilities, Internet Info. Providers, and Diversified Electronics are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 19.31% BRCM Broadcom Corporation Information Technology 8.75% PRU Prudential Financial Financials 8.45% MWV MeadWestvaco Corporation Materials

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -8.06% S Sprint Nextel Corp. Telecommunications Services -7.65% CLF Cliffs Natural Resources Inc Materials -5.78% NOV National Oilwell Varco, Inc. Energy

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 1 Downtrend Broken Resistance 31 Uptrend Support 4 Uptrend Exhaustion 49 Uptrend Broken Support 0 Downtrend Resistance 78 Oversold 1