The Q's May Be Interesting In September

Looking at last night's chart, we can see that the models are slightly worse than the previous week's numbers. The overall average is 4.69, which is down from last week's 4.83. enter image description here The U.S. Stock Mkt sector has the best overall outlook for the next 30 trading days with an average score of 5.20. But something caught my eye with the Q ETFs in last night's charts. enter image description here QQQ, QLD, and TQQQ ETFs all have a negative outlook in the twenty to twenty-six-day period, the first week of September. I looked at SQQQ, the inverse of TQQQ, for a confirmation move; there is some confirmation on days 20 and 21 but no assurance for the rest of that period. So I am keeping a careful eye on a possible down move in the Nasdaq in early September.

The Real Estate sector has a good short-term prospect, which should occur in 21 to 24 days. The computed average is 5.75. The estimated top ETF in that category for that period is $DRN. Next is followed by the U.S. Stock Mkt sector with a better than average forecast in 11 to 14 days. The estimated best ETF in this sector for the period is $UXI.

In contrast, the Metals & Miners sector has the worst overall outlook for the next 30 trading days, with an average score of 4.29. The Biotech sector has an underperforming outlook in the 22 to 25 day period; The computed average is 3.60. In this sector, $XBI may have the worst results. Coming in240 second with a weak outlook is the Energy sector in 25 to 28 days, with the ETF $VDE expected to finish the worst in this group.

Sector Outlook - Emerging Markets Good; Energy Poor

Looking at last night's chart, we can see that the models are about even with the previous week. The overall average is 4.83, which is slightly down from last week's 4.86. enter image description here The Emerging Market sector has the best overall outlook for the next 30 trading days with an average score of 5.28. And the Emerging Market sector has the best short-term view, which should occur in 25 to 28 days. The computed average is 5.86. The estimated top ETF in that category for that period is $EDC.enter image description here Next is followed by the Commodities sector with a better than average forecast in 13 to 16 days. The estimated best ETF in this sector for the period is $XLB.enter image description here

In contrast, the Energy sector has the worst overall outlook for the next 30 trading days, with an average score of 4.34. The Technology sector has a weak outlook at the 12 to 15 day period; The computed average is 3.72. In this sector, $TECLenter image description here may have the lowest results. Coming in second with a weak outlook is the Real Estate sector in 27 to 30 days, with the ETF $VNQ enter image description hereexpected to finish the worst in this group.

The Financial Sector Scores The Worst For The Third Week In A Row

Looking at last night's chart, we can see that the models are more bullish than the previous week. The overall average is 4.86, which is up from last week's 4.74.enter image description here

The Technology sector has the best overall outlook with a 5.3 average for the next 30 trading days. Tech is followed by both the Health Care and Emerging Market Sectors both scoring 5.2

The Real Estate sector has the best outlook short-term score, which should occur in 27 to 30 days. The estimated top ETF in that category for that period is $DRN. Next is followed by the Biotech sector, with a good forecast in 24 to 27 days. The estimated best ETF in this sector for the period is $BIB.

On the sell side, the Financial sector has the lowest worst 30-day outlook with an average score of 4.0 and a poor outlook in the 18 to 21 day period; The computed average during that period is 3.17. In this sector, $KBE may have the lowest results.

Real Estate Still On Top, Joined By Biotech.

Looking at Friday night's chart, we can see that the models are more pink or red than previous week's chart. enter image description here The Real Estate sector continues to be the best prospect. Its strongest numbers occur in 26 to 29 days. The computed average is 6.36, which is slightly bullish. The estimated best ETF in that sector for that period is $DRN. Next is followed by the Biotech sector with a good forecast in 23 to 26 days. The estimated best ETF in this sector for the period is $XBI.

And like last week, the Financial sector continues to have the weakest outlook in the 23 to 26 day period; The computed average is 2.82, which I take as not overly bearish. In this sector, $XLF may have the lowest results.

Real Estate on Top and Financial Falls

Looking at last night's chart, we can see that the models have started to turn paler from last week's more bullish green. Please note that the chart still has more green cells than red cells but the green cells are not as strong.enter image description here

The Real Estate sector has the best outlook, which should occur in 26 to 29 days. The estimated best ETF in that sector for that period is $URE.

In contrast, the Financial sector has an underperforming outlook in the 22 to 25 day period. Over the past several weeks, the Financial sector was the leading bullish sector, so this is an interesting turn. In this sector, $KRE may have the lowest results. Coming in second with a weak outlook is the Metals & Miners sector in 12 to 15 days, with the ETF $SGOL expected to finish the lowest in this group.