The Real Estate Sector Continues To Have The Strongest Outlook

Let's look at last night's chart; the models' predictions are up slightly from the previous week's numbers. The six-week average is 4.86; the last week's average was 4.67.
enter image description here For the fourth week in a row, the Real Estate sector has the best overall forecast for the next 30 trading days, with an average score of 5.43. And the Real Estate sector has a good short-term prediction, which should occur in 17 to 21 days. The computed average is 6.50. The estimated best ETF in that sector for that period is $IYR.

And for the third week in a row, the Metals & Miners sector has the worst overall view for the next 30 trading days, with an average score of 4.05. Also, the Metals & Miners sector has an underperforming prospect in the 18 to 23 day period; the computed average is 3.57. In this sector, $GDX may have the lowest results. Coming in second with a weak prospect is the Biotech sector in 4 to 6 days. The computed average is 3.57. The models expect the ETF $XBI to finish the lowest in this group.


Author: joe