Weekly Stock Market Overview - Aug. 15, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 108.98 points or 0.66%. The Standard & Poor's 500 Index gained 23.47 points or 1.22%, while the Nasdaq Composite gained 94.03 points or 2.15%. Read More ...

The Health Care Select Sector SPDR sector was the strongest sector (2.36%) last week followed by the Technology Select Sector SPDR sector (1.60%). The Energy Select Sector SPDR sector was the worst performing sector (-0.24%) of the week followed by the Financial Select Sector SPDR sector (0.89%).

The Healthcare sector is the most overvalued sector followed by Consumer Goods, while Hospitals, Housewares & Accessories, and Biotechnology are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Utilities, while Industrial Metals/Mineral, Oil & Gas Drilling/Explor, and Independent Oil & Gas are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 14.70% KMI Kinder Morgan Inc Energy 7.92% AMAT Applied Materials Information Technology 7.61% GILD Gilead Sciences Health Care

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -7.04% FOSL Fossil, Inc. Consumer Discretionary -6.91% JWN Nordstrom Consumer Discretionary -4.58% M Macy's Inc. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 0 Downtrend Broken Resistance 12 Uptrend Support 15 Uptrend Exhaustion 8 Uptrend Broken Support 11 Downtrend Resistance 17 Oversold 5