Weekly Stock Market Overview - May 8, 2015

It was a mixed week for the major markets. For the week the Dow Jones Industrial Average gained 167.05 points or 0.93%. The Standard & Poor's 500 Index gained 7.81 points or 0.37%, while the Nasdaq Composite dropped -1.84 points or -0.04%. Read More ...

The Financial Select Sector SPDR sector was the strongest sector (1.73%) last week followed by the Health Care Select Sector SPDR sector (1.06%). The Energy Select Sector SPDR sector was the worst performing sector (-1.34%) of the week followed by the Utilities Select Sector SPDR sector (-0.99%).

The Services sector is the most overvalued sector followed by Conglomerates, while Music & Video Stores, Management Services, and Auto Parts Stores are among the most overvalued industries. The Utilities sector is the most oversold sector followed by Basic Materials, while Aluminum, Electric Utilities, and Diversified Utilities are among the most oversold industries.

Weekly S&P 500 Winners

Gains/Loses(%) Symbol Company Sector 6.28% RDC Rowan Cos. Energy 4.56% X United States Steel Corp. Materials 4.30% EA Electronic Arts Information Technology

Weekly S&P 500 Losers

Gains/Loses(%) Symbol Company Sector -12.54% FTR Frontier Communications Telecommunications Services -11.64% AVP Avon Products Consumer Staples -11.60% WFM Whole Foods Market Consumer Staples

Weekly S&P 500 Alerts

Stock Market Alerts Count Downtrend Exhaustion 2 Downtrend Broken Resistance 29 Uptrend Support 14 Uptrend Exhaustion 3 Uptrend Broken Support 2 Downtrend Resistance 18 Oversold 7