Weekly Stock Market Overview - Aug. 8, 2014

It was an up week for the major markets. For the week the Dow Jones Industrial Average gained 60.56 points or 0.37%. The Standard & Poor's 500 Index gained 6.44 points or 0.33%, while the Nasdaq Composite gained 18.26 points or 0.42%. Read More ...

The Consumer Discretionary Select Sector SPDR sector was the strongest sector (1.08%) last week followed by the Materials Select Sector SPDR sector (1.05%). The Health Care Select Sector SPDR sector was the worst performing sector (-0.71%) of the week followed by the Technology Select Sector SPDR sector (-0.31%).

The Healthcare sector is the most overvalued sector followed by Financial, while REIT - Residential, Hospitals, and Biotechnology are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Services, while Electronics Wholesale, General Entertainment, and Technical Services are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 8.93% COH Coach, Inc. Consumer Discretionary 8.58% THC Tenet Healthcare Corp. Health Care 7.41% NVDA NVIDIA Corp. Information Technology

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -13.94% WAG Walgreen Co. Consumer Staples -13.67% NE Noble Corp Energy -12.61% TWX Time Warner Inc. Consumer Discretionary

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 7 Downtrend Broken Resistance 12 Uptrend Support 80 Uptrend Exhaustion 1 Uptrend Broken Support 1 Downtrend Resistance 6 Oversold 21