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Markets Overall

Will The Stock Market Madness End?

Let’s look at last night’s sector strength chart based on the corresponding ETF averages; this week’s overall average has a solid bearish value of 3.11. Do you see the light at the end of this bear market tunnel? I do. I see the oncoming market crash.

Let’s review the individual charts. The best is the Precious Metals and Miners, with an average 30-day score of 4.14. The Energy sector follows with a score of 4.02. The third sector is Commodities, scoring 3.64. Following Commodities is the Bond sector with an average of 3.5. The Non-US Stock Market follows with an average of 3.47 and Emerging Markets with 3.43. Seventh on the list is the Biotechnology sector scoring an even 3.0. Then Health Care follows with a score of 2.85. The Financial sector closely follows Health Care by scoring 2.82. Up next is Real Estate, scoring 2.71. And the last three are the Consumer sector, with 2.4, US Stocks, with 2.34, and the Technology sector, with 2.16.

So all thirteen sectors tracked by the models are bearish.

For individual ETF picks go to http://mcverryreport.com/forecast

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