Bullish on Real Estate

Let's look at last night's chart; the models' predictions are a little more bullish than the previous week's numbers. The six-week average is almost neutral at 4.91; the last week's average was 4.67.
enter image description here The Consumer sector has a positive forecast for the next 30 trading days, with an average score of 5.36.

The Technology sector has a better than average forecast in 5 to 10 days for short-term periods. The computed average is 6.03. The estimated top ETF in this sector for the period is $XLK.

The Real Estate sector has an underperforming prospect in the 1 to 6 day period; the computed average is 3.66. But then at 16 to 20 days, Real Estate has a bullish outlook, and the calculated score is 6.22.

Also with a weak prospect is the Biotech sector in 3 to 6 days. The computed average is 3.70. The models expect the ETF $IHI to finish the lowest in this group.


Author: joe