Financials Back In Favor

If you watched last week's video, you'd remember I said that the models were turning neutral. Based on this past week's action, it looks like the markets were more bullish than neutral. enter image description here Looking at last night's chart, we can see that the models are turning bearish for the next two weeks. But looking out into the July numbers, there are a lot more bullish numbers.

The Financial sector has the best outlook, which should occur in 17 to 20 days. The estimated top ETF in that category for that period is $XLF enter image description here

Emerging Markets and US Stock Indexes Show Up As Best

The Emerging Market sector has the best prospect, which should occur in the 13 to 16 day period. The computed average is 6.26, which could be considered not overly bullish. The estimated best ETF in that sector for the same period is $VWO.enter image description here Next is followed by the U.S. Stock Mkt sector with a good forecast in 26 to 29 days. The estimated top ETF in this sector for that period is $IWM. enter image description here

Models Are Neutral For Next 2 Weeks

If you watched last week's video, you'd remember I said that the models were bullish at that time. Looking at last night's chart, we can see that the models turned neutral, especially for the next two weeks. There are few bullish numbers, as far as I can see.
enter image description here The Commodities sector has the best prospect, which should occur in the 27 to 30 day period. The estimated top ETF in that category for the same period is $XLB. Next is followed by the Financial sector with a good forecast for the period of 12 to 15 days. The estimated top ETF in this sector for that period is $XLF.

Models Staying With Financials and Commodities

The Financial sector has the best outlook, which should occur in the 10 to 13 day period. The computed average is 6.46, which could be considered not overly bullish. The estimated best ETF in that sector for the same period is $XLF.enter image description here Next is followed by the Commodities sector with a good forecast for the period of 27 to 30. The estimated best ETF in this sector for that period is $XLB. enter image description here