Category: Uncategorized

Topics that don't need a category, or don't fit into any other existing category.

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.

FCG - That Call Didn't Work

Along with the rest of the market, $FCG was down. $FCG itself was down 1.5%.

Referring back to this morning's post - even with all 6 models calling for an up day - they were wrong.

I did say that the 1-day calls are usually wrong. I did expect it to go up.

Across Most Sectors The Next Several Days Are Looking Weak

The Biotech sector has the best prospect in the 25 to 28 day period. The estimated top ETF in that category for the mentioned period is $XBI. Next is followed by the Financial sector with a good forecast for the same period. The estimated best ETF in this sector for that period is $KBE. enter image description here On the sell side, the Real Estate sector has the most underperforming outlook in the 19 to 22 day period; in this sector, $VNQ may have the worst results.

Tech Still Looks Good, I Am Avoiding Real Estate and Bonds

The Technology sector has the greatest outlook in the 25 to 30 day period. The estimated top ETF in that category for the mentioned period is $USD. enter image description here On the sell side, the Real Estate sector has the most underperforming outlook in the 2 to 7 day period; in this sector, $URE may have the lowest results. Coming in second with a weak outlook is the Bonds sector for the period of 18 to 23 with the ETF $UBT expected to finish the lowest in this group.

A brief video available at https://youtu.be/iyajKBGK7m0

Overview of How Spreadsheet Is Created and A Look at The Current Calls

The Financial sector has the greatest prospect in the 24 to 29 day period. The estimated best ETF in that sector for the mentioned period is $FAS. Next is followed by the Health Care sector with a better than average forecast for the same period. The estimated best ETF in this sector for that period is $XHS.

On the sell side, the Energy sector has the most underperforming outlook in the 25 to 30 day period; in this sector, $DIG may have the worst results. Coming in second with a weak outlook is the Metals & Miners sector for the period of 18 to 23 with the ETF $DGP expected to finish the worst in this group. enter image description here

Energy and Metals Remain Bearish

The estimated worst sector to perform is Energy in the 9 to 15 day period; in this sector, $VDE may have the worst results. Coming in second with a weak outlook is the Metals & Miners sector for the period of 4 to 10 with the ETF $GDXJ expected to finish the lowest in this group. enter image description here