Markets Overall

Don’t Fear The Stock Market Reaper

Like the stock market, the average for all sectors in the 30-day period, has gotten more bullish. This week the average is 4.32, which is still in the bearish zone, up considerably from where the average has been for the past two months. So things should be looking up, and as Jeff Hirsch, The Almanac Trader, recently wrote about, November during Mid-Term Elections is the top month for NASDAQ stocks.

The sector with the highest score is Energy, with an average of 5.07; the top pick in this group is $GUSH. The U.S. Stock Market is the second strongest sector, with a 30-day score of 5.03. The Health Care sector is showing bullish numbers in the short term, 17 days out. In this group, $RXL has the most robust numbers.

The bottom three sectors are Technology at 3.67, Bonds at 3.47, and Emerging Markets at 3.25.

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