Weekly Stock Market Overview - March 6, 2015

All the major US indices were negative. For the week the Dow Jones Industrial Average dropped -275.92 points or -1.52%. The Standard & Poor's 500 Index dropped -33.24 points or -1.58%, while the Nasdaq Composite dropped -36.16 points or -0.73%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (-0.49%) last week followed by the Consumer Discretionary Select Sector SPDR sector (-0.74%). The Utilities Select Sector SPDR sector was the worst performing sector (-4.07%) of the week followed by the Energy Select Sector SPDR sector (-2.83%).

The Industrial Goods sector is the most overvalued sector followed by Financial, while Textile Manufacturing, Aerospace/Defense-Prd/Svc, and General Building Matrials are among the most overvalued industries. The Basic Materials sector is the most oversold sector followed by Consumer Goods, while Recreational Goods Other, Aluminum, and Industrial Metals/Mineral are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 6.89% BMY Bristol-Myers Squibb Health Care 6.48% OKE ONEOK Inc. Utilities 6.33% THC Tenet Healthcare Corp. Health Care

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -18.99% BTU Peabody Energy Corp Materials -11.51% NEM Newmont Mining Corp. (Hldg. Co.) Materials -10.12% FCX Freeport-McMoran Cp & Gld Materials

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 2 Downtrend Broken Resistance 25 Uptrend Support 45 Uptrend Exhaustion 6 Uptrend Broken Support 3 Downtrend Resistance 6 Oversold 13