Energy And Real Estate Sectors on Top for The Next Six Weeks

To start things off, I shorted the Chinese markets yesterday afternoon by buying some $YANG (Direxion Daily FTSE China Bear 3X Shares). As of this morning, China is up, which is making that purchase look dumb, But I still think that the Evergrande situation has not been fully completed.

enter image description here The Energy sector has the best overall forecast for the next 30 trading days, with an average score of 5.91. The Real Estate sector has the best short-term prediction, which should occur in 26 to 29 days. The computed average is 6.98. The estimated best ETF in that sector for that period is $URE.

On the sell side, the Metals & Miners sector has the worst overall view for the next 30 trading days, with an average score of 3.90. Also, the Metals & Miners sector has a poor prospect in the 27 to 30 day period; the computed average is 3.31. In this sector, $AGQ may have the worst results.


Author: joe