Whistling Past The Sell-off.

Let's look at last night's sector strength chart based on the corresponding ETF averages;enter image description here the models' overall sector average remains the same from last week's 4.99. I like the green numbers in Real Estate, Technology, and the US Stock Market sectors occurring in the last three estimated weeks.

The Real Estate sector has a positive forecast for the next 30 trading days, with an average score of 5.83. And the Real Estate sector has a good short-term prospect, which should occur in 14 to 19 days. The computed average is 7.19. The estimated top ETF in that category for that period is $IYR.

The Health Care sector has an underperforming prospect in the 1 to 5 day period; the computed average is 3.32. In this sector, $RXL may have the worst results. Coming in second with a weak prospect is the Biotech sector in 13 to 21 days. The computed average is 3.44. The models expect the ETF $XBI to finish the worst in this group.

Real Estate and Health Care On Top.

Let's look at last night's sector strength chart based on the corresponding ETF averages; the models' overall sector average continues to get more bullish week over week. This week's overall average is 4.99; the last week's number was 4.89, and the previous week's number was 4.59.

The same two sectors lead as the bullish sectors call for this week as they did last week. The Real Estate sector has an optimistic forecast for the next 30 trading days, with an average score of 5.88. The Health Care sector has the best short-term prospect, occurring in 25 to 28 days. The computed average is 6.78. The estimated best ETF in that sector for that period is $XLV. Next is followed by the Real Estate sector with a good forecast in 25 to 30 days. The computed average is 6.73. The estimated top ETF in this sector for the period is $IYR. enter image description here

And just as last week, no sectors are showing any overall bearish numbers for the six-week periods. The Biotech sector has an underperforming prospect in the 1 to 4 day period; the computed average is 3.80. In this sector, $IHI enter image description heremay have the lowest results. As you can see from the chart, the models do expect a rise in the price in the last three weeks of the estimating period.

Will Money Be Made With Real Estate ETFs?

Let's look at last night's sector strength chart based on the corresponding ETF averages;enter image description here the models' overall sector average is higher than the previous week's average. This week's overall average is 4.89; the last week's number was 4.58.

The Real Estate sector has a positive forecast for the next 30 trading days, with an average score of 5.63. The Health Care sector has a good short-term prospect, occurring in 17 to 23 days. The computed average is 6.68. The estimated top ETF in that category for that period is $RXL. enter image description here Next is followed by the Real Estate sector with a good forecast in 16 to 30 days. The computed average is 6.50. The estimated best ETF in this sector for the period is $XLRE.enter image description here Finally, the Technology sector has a strong forecast for weeks four, five, and six.

No sectors are showing any overall bearish numbers for the six-week periods. The Precious Metals & Miners sector has a poor prospect in the 28 to 30 day period; the computed average is 3.43. In this sector, $SIVR enter image description heremay have the worst results. Coming in second with a weak prospect is the Financial sector in 24 to 27 days. The computed average is 3.64. The models expect the ETF $KBE enter image description hereto finish the worst in this group.

Expecting Much from Stocks in 2022? Don't

Let's look at last night's sector strength chart enter image description herebased on the related ETF averages; the models' overall sector average is lower than the previous week's average. This week's overall average is 4.58; the last week's number was 4.74.

I don't see any sector showing a long-term strong bullish indication. The Real Estate sector has a good short-term prospect, occurring in 23 to 28 days. The computed average is 6.20. The estimated top ETF in that category for that period is $VNQ. enter image description here Reviewing the chart, there is a lot of green for the Technology sector and US Stock Market lines; but the numbers are just not strong enough to be caught by the scanner.

And no sectors are showing any long-term bearish indications. The Health Care sector has a poor prospect in the 7 to 12 day period; the computed average is 3.37. In this sector, $XHSenter image description here may have the worst results. Coming in second with a weak prospect is the Energy sector in 1 to 4 days. The computed average is 3.48. The models expect the ETF $DIG enter image description hereto finish the lowest in this group.

The Tech Sector Returns as The Top Pick

Let's look at last night's sector strength chart based on the related ETF averages;enter image description here the models' predictions are unchanged from last week. The six-week computed average is 4.74.

The Technology sector has an optimistic forecast for the next 30 trading days, with an average score of 5.52. And the Technology sector has a good short-term prospect, which should occur in 14 to 19 days. The computed average is 6.27. The estimated best ETF in that sector for that period is $SMH.enter image description here Note in the chart, the estimated price rises through the first twenty days but falls off quickly from days twenty-three through thirty.

The Precious Metals & Miners sector has a poor prospect in the 13 to 17 day period; the computed average is 3.70. In this sector, $GDXJ enter image description heremay have the worst results. Coming in second with a weak prospect is the Financial sector in 5 to 9 days. The computed average is 3.84. The models expect the ETF $KRE enter image description hereto finish the lowest in this group.

Biotech Looks Best Right Now

Before we look at last night's chart, I want to review three calls I made in the past. On November 27, I said that the Commodities sector call was bullish and that the ETF $UYM should perform well. Here is the chart for $UYM enter image description heresince November 27, and as you can see, $UYM is up more than 10%. The following Saturday, December 4, the models were bullish on the Health Care sector for the next several weeks and picked $RXL as the best performing ETF for that sector. Here is the chart for $RXL, enter image description hereand as you can see, it has performed well. And finally, for the third call, made on that same day, the models expected a downturn in the Precious Metals and Miner sector, and I said that $GDX might perform poorly. Here is the chart for $GDX. enter image description hereAs you can see, $DGX started with a sell-off, but it recovered significantly on Thursday and Friday. So two out of the three calls have been correct.

Let's look at last night's sector strength chartenter image description here based on the related ETF averages; the models' predictions are almost unchanged from last week. The six-week computed average is 4.74; the previous week's average was 4.7.

The Health Care sector has a good short-term prediction, which should occur in 14 to 26 days. The computed average is 6.15. The estimated top ETF in that category for that period is $RXL.enter image description here Next is followed by the Commodities sector with a better than average forecast in 22 to 25 days. The computed average is 6.05. The estimated best ETF in this sector for the period is $XLB.enter image description here

The Financial sector has a poor prospect in the 3 to 9 day period; the computed average is 3.39. In this sector, $UYG enter image description heremay have the worst results. Coming in second with a weak prospect is the U.S. Stock Mkt sector for the same period. The computed average is 3.49. The models expect the ETF $MVVenter image description here to finish the lowest in this group.

End of 2021 and Beginning of 2022 Sector Analysis

Let's look at last night's sector strength chart based on the related ETF averages; enter image description herethe models' predictions are lower than the previous week's numbers. The six-week computed average is 4.7; the previous week's average was 5.22.

The Technology sector has a positive forecast for the next 30 trading days, with an average score of 5.86. And the Technology sector has the best short-term prediction, which should occur in 19 to 22 days. The computed average is 6.30. The estimated top ETF in that category for that period is $USD. enter image description hereNext is followed by the U.S. Stock Mkt sector with a good forecast in 14 to 17 days. The computed average is 6.29. The estimated best ETF in this sector for the period is $SSO.enter image description here

There is no overall bearish sector call from the models. The Financial sector has an underperforming prospect in the 6 to 9 day period; the computed average is 3.39. In this sector, $FASenter image description here may have the lowest results. Coming in second with a weak prospect is the Biotech sector in 27 to 30 days. The computed average is 3.54. The models expect the ETF $BIBenter image description here to finish the worst in this group.

Despite The Recent Sell-offs The Market Indicators Are Still Positive

Let's look at last night's sector strength chart enter image description herebased on the related ETF averages; the models' predictions are higher than the previous week's numbers. The six-week computed average is 5.22; the last week's average was 5.01. Despite the big sell-off over the past several days, the higher number is no surprise. As Jeff Hirsch over at that, The Almanac Trader points out, "December typically starts out weak."

Also, two other models I use, Monte Carlo and the other QLearning, indicate a more robust stock market.

Looking at specific sectors in the chart, the U.S. Stock Market has an optimistic forecast for the next 30 trading days, with an average score of 5.95. The Health Care sector has the best short-term prediction, occurring in 16 to 30 days. The computed average is 7.16. The estimated best ETF in that sector for that period is $RXL. enter image description hereNext is followed by the Real Estate sector with a better than average forecast in 22 to 27 days. The computed average is 7.01. The estimated best ETF in this sector for the period is $IYR.enter image description here

The Financial sector has an underperforming prospect in the 27 to 30 day period; the computed average is 3.73. In this sector, $KBE enter image description heremay have the worst results. Coming in second with a weak prospect is the Precious Metals & Miners sector in 10 to 14 days. The computed average is 4.10. The models expect the ETF $GDX enter image description hereto finish the lowest in this group.

After Friday's Crash The Commodities Sector Is The Top Picks

Let's look at last night's sector strength chart based on the related ETF averages; the models' predictions are higher than the previous week's numbers. The six-week average is at 5.01; the previous week's average was 4.9.enter image description here The higher number is a surprise to me because of the market sell-off on Friday.

The Commodities sector has a positive forecast for the next 30 trading days, with an average score of 5.88. And the Commodities sector has a good short-term prospect, which should occur in 23 to 29 days. The computed average is 7.10. The estimated top ETF in that category for that period is $UYM.enter image description here

No sector is showing any long-term bearish signals. The Energy sector has a poor prospect in the 7 to 15 day period; the computed average is 3.56. In this sector, $XES may have the lowest results. enter image description here

Tech and Real Estate On Top; Health Care and Energy Near The Bottom Of My Picks.

enter image description here The Technology sector continues to have the strongest forecast for the next 30 trading days, with an average score of 5.54. The Real Estate sector has a good short-term prediction, which should occur in 26 to 29 days. The computed average is 6.60. The estimated best ETF in that sector for that period is $URE. enter image description hereNext is followed by the Technology sector with a better than average forecast in 11 to 14 days. The computed average is 6.32. The estimated best ETF in this sector for the period is $USD.enter image description here

The Health Care sector has an underperforming prospect in the 10 to 13 day period; the computed average is 3.33. In this sector, $RXL enter image description heremay have the worst results. Coming in second with a weak prospect is the Energy sector in 2 to 5 days. The computed average is 3.57. The models expect the ETF $OIHenter image description here to finish the lowest in this group.

For information about the ETF picks go to https://mcverryreport.com/forecast.