The Financial Sector Scores The Worst For The Third Week In A Row

Looking at last night's chart, we can see that the models are more bullish than the previous week. The overall average is 4.86, which is up from last week's 4.74.enter image description here

The Technology sector has the best overall outlook with a 5.3 average for the next 30 trading days. Tech is followed by both the Health Care and Emerging Market Sectors both scoring 5.2

The Real Estate sector has the best outlook short-term score, which should occur in 27 to 30 days. The estimated top ETF in that category for that period is $DRN. Next is followed by the Biotech sector, with a good forecast in 24 to 27 days. The estimated best ETF in this sector for the period is $BIB.

On the sell side, the Financial sector has the lowest worst 30-day outlook with an average score of 4.0 and a poor outlook in the 18 to 21 day period; The computed average during that period is 3.17. In this sector, $KBE may have the lowest results.


Author: joe