The Metal and Miners Sector Along With Commodities Have Poor Outlooks.

The Metals & Miners sector has the worst overall view for the next 30 trading days, with an average score of 3.87. The Commodities sector has an underperforming prospect in the 20 to 23 day period; The computed average is 2.79. In this sector, $XLB may have the worst results. Coming in second with a weak prospect is the Metals & Miners sector in 19 to 22 days, with the ETF $NUGT expected to finish the lowest in this group. enter image description here In contrast, the U.S. Stock Mkt sector has the best overall forecast for the next 30 trading days, with an average score of 5.81. The Biotech sector has the best short-term prediction, which should occur in 22 to 25 days. The computed average is 6.66. The estimated top ETF in that category for that period is $IHI.

Monday May Be Down In The US Markets

Let's look at last night's chart; the models' predictions are better than the previous week's numbers. The overall average is 5.07, which is up from last week's 4.91. enter image description here I picked out model calls from several U.S. Market ETFs. It shows that the start of next week could be weak. Any number below 4.5 is bearish. The strength numbers represent the models' calls for Monday and Tuesday.
enter image description here Back to last night's chart. The Financial sector has the best overall forecast for the next 30 trading days, with an average score of 5.96. The Biotech industry has the best short-term prediction, which should occur in 18 to 25 days. The computed average is 6.83. The estimated best ETF in that sector for that period is $IHI.enter image description here Next is followed by the Financial sector with a better than average forecast in 12 to 20 days. The estimated top ETF in this sector for the period is $XLF.enter image description here

On the sell side, the Emerging Market sector has the worst overall view for the next 30 trading days with an average score of 4.05. The Commodities sector has an underperforming prospect in the 19 to 23 day period; The computed average is 2.74. In this sector, $XLB may have the lowest results. enter image description here

Health Care and Tech On Top.

Looking at last night's chart, the models' predictions are better than the previous week's numbers. The overall average is 4.91, which is up from last week's 4.80. enter image description here I was tracking some bearish numbers with the Q-related ETFs for the past several weeks. According to the previous charts, the bearish event would be next week. Those bearish numbers are no longer showing up.

Back to last night's chart. The Health Care sector has the best overall forecast for the next 30 trading days, with an average score of 5.70. And the Health Care sector has a good short-term prospect, which should occur in 21 to 24 days. The computed average is 6.49. The estimated best ETF in that sector for that period is $CURE. Next is followed by the Technology sector with a good forecast in 24 to 27 days. The estimated top ETF in this sector for the period is $TECL.

On the sell side, the Metals & Miners sector has the worst overall view for the next 30 trading days. It scores 4.32. The Real Estate sector has a poor prospect in the 7 to 10 day period; The computed average is 3.22. In this sector, $IYR may have the worst results.

Finance and Tech Are The Top Sector Picks.

The Financial sector has the best overall forecast for the next 30 trading days, with an average score of 5.56. The Technology sector has a good short-term prospect, which should occur in 23 to 26 days. The computed average is 6.96. The estimated best ETF in that sector for that period is $SMH. enter image description here In contrast, the Emerging Market sector has the worst overall view for the next 30 trading days with an average score of 4.09. Also, the Emerging Market sector has a poor prospect in the 10 to 13 day period; The computed average is 3.36. In this sector, $EET may have the lowest results. Coming in second with a weak prospect is the Commodities sector in 16 to 19 days, with the ETF $DBC expected to finish the lowest in this group.

Health Care Still On Top, A Look At The Q's For The End Of August

Looking at last night's chart, we see that the models' predictions are better than the previous week's numbers. The overall average is 4.8, which is up from last week's 4.59. enter image description here I have been tracking some bearish numbers with the Qs for the past two weeks. The models are still forecasting a down market for the NASDAQ for the end of this month. There are bearish numbers for QQQ and TQQQ. I would like to see a better bullish confirmation with the inverse ETF SQQQ and, similarly, a bearish confirmation with QLD. The numbers show a bullish bias returning for the remainder of the six weeks. enter image description here Back to last night's chart. The Health Care sector continues to have the best overall forecast for the next 30 trading days. Its current average score is 5.98. And like last week, the Health Care sector has an excellent short-term prospect; based on last night's chart, this should occur in 12 to 15 days. The computed average is 6.56. The estimated best ETF in that sector for that period is $CURE.

In contrast, the Metals & Miners sector has the worst overall view for the next 30 trading days with an average score of 4.07. Also, the Metals & Miners sector has a poor prospect in the 8 to 11 day period; The computed average is 3.31. In this sector, $IAU may have the worst results. Coming in second with a weak prospect is the Real Estate sector in 18 to 21 days, with the ETF $VNQ expected to finish the worst in this group.

Health Care Still On Top For Next 30 Trading Days

The Health Care sector has the best overall forecast for the next 30 trading days, with an average score of 5.80. And the Health Care sector has a good short-term prediction, which should occur in 12 to 15 days. The computed average is 6.47. The estimated best ETF in that sector for that period is $CURE. enter image description here On the sell side, the Emerging Market sector has the worst overall view for the next 30 trading days with an average score of 3.95. The Commodities sector has a poor prospect in the 8 to 11 day period; The computed average is 2.82. In this sector, $XLB may have the worst results. Coming in second with a weak prospect is the Metals & Miners sector in 9 to 12 days, with the ETF $GLD expected to finish the worst in this group.

See my individual ETF picks over 5 day periods for the next six trading weeks.

Focus On Health Care, Biotech, Metals & Miners and Commodities

The Health Care sector has the best overall forecast for the next 30 trading days, with an average score of 5.88. And the Health Care sector has a good short-term prospect, which should occur in 10 to 13 days. The computed average is 6.80. The estimated best ETF in that sector for that period is $CURE. Next is followed by the Biotech sector with a better than average forecast in 1 to 4 days. The estimated top ETF in this sector for the period is $IHI. enter image description here On the sell side, the Metals & Miners sector has the worst overall view for the next 30 trading days with an average score of 4.14. Also, the Metals & Miners sector has a poor prospect in the 9 to 12 day period; The computed average is 3.25. In this sector, $UGL may have the worst results. Coming in second with a weak prospect is the Commodities sector in 8 to 11 days, with the ETF $XLB expected to finish the worst in this group.

See my picks for ETF Expectations for 5 day picks over the next 6 trading weeks.

Health Care On Top, Emerging Markets and Tech Look Underperforming

The Health Care sector has the best overall outlook for the next 30 trading days, with an average score of 5.72. And the Health Care sector has the best short-term outlook, which should occur in 9 to 12 days. The computed average is 6.47. The estimated top ETF in that category for that period is $XHS.

In contrast, the Emerging Market sector has the worst overall outlook for the next 30 trading days with an average score of 3.80. The Technology sector has an underperforming outlook in the 11 to 14 day period; The computed average is 2.21. In this sector, $SMH may have the lowest results. Coming in second with a weak outlook is the Commodities sector in 13 to 16 days, with the ETF $XLB expected to finish the worst in this group.

Health Care and Real Estate On Top But Watch Out Q's

Looking at last night's chart, we see that the models are slightly worse than the previous week's numbers. The overall average is 4.59, which is down from last week's 4.69. enter image description here Following up with last week's take on the Qs. The bearish numbers are five days closer as expected, which is three weeks away. enter image description here As you can see, QQQ, QLD, and TQQQ have numbers below 4.5, indicating selling during days eleven through sixteen. And there is confirmation from SQQQ in the same period with its bullish green numbers. But, and it is a big but, looking out at days twenty through thirty, all of these ETFs are very, very bearish. So the signals are muddled, or we should expect some exciting times ahead.

Back to last night's chart. The Health Care sector has the best overall outlook for the next 30 trading days with an average score of 5.67. And the Health Care sector has a good short-term prospect, which should occur in 22 to 25 days. The computed average is 6.32. The estimated best ETF in that sector for that period is $XLV. enter image description hereNext is followed by the Real Estate sector with a better than average forecast in 14 to 17 days. The estimated top ETF in this sector for the period is $DRN.enter image description here

In contrast, the Technology sector has the worst overall outlook for the next 30 trading days, with an average score of 3.76. Also, the Technology sector has an underperforming outlook in the 11 to 14 day period; The computed average is 2.38. In this sector, $USD may have the lowest results. enter image description here

US Stock Market ETFs Have Best Outlook

Looking at last night's chart, we can see that the models are better than this past weekend's numbers. The overall average is 4.93, which is up from 4.69. 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 5.76. And the U.S. Stock Mkt sector has the best short-term outlook, which should occur in 9 to 12 days. The computed average is 6.36. The estimated top ETF in that category for that period is $VOO. Next is followed by the Consumer sector with a good forecast in 13 to 16 days. The estimated best ETF in this sector for the period is $XLY.

Over the weekend, I reported that the QQQ related ETFs showed some poor numbers in the early part of September; those weak numbers do not show up in last night's chart.

In contrast, the Biotech sector has the worst overall outlook for the next 30 trading days with an average score of 4.21. Also, the Biotech sector has an underperforming outlook in the 21 to 24 day period; The computed average is 3.34. In this sector, $BIB may have the worst results.