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Markets Overall

Post-Election Post-CPI Expectations.

The post-election and post-CPI report has sent the markets soaring to only 7% of their all-time high. And as a result of the higher numbers, the models have gotten more positive. The overall average is 4.68, and is in the bullish zone for the first time in several months.

The Energy sector, a leader in these charts for a long time, has fallen to near the bottom. The Energy sector score is 4.22, ranking it second to worse.

The models expect the Commodities sector to perform the worst. Its average score is 4.22.

The US Stock market has the best overall score coming in at 5.19. The models expect the US Markets to perform well in the first week of December.

Surprisingly to me, coming in second is the Real Estate sector, with a score of 5.06. The estimated best period for Real Estate is next week.

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Stock Market Is Still Looking Down

For the next thirty trading days, the models predict the overall market to resume its downward trend. The average for all sectors for the 6-week period has fallen from 4.22 to 3.92.

As it has been for the past several weeks, the sector with the highest score is Energy. But, this week Energy’s average fell to 4.83 from last week’s 5.07.

The models say that the Technology sector should perform poorly. They score Tech at 1.55 starting on Monday. In this sector, $ROM may have the worst results. Coming in second with a weak prospect is the Consumer sector for the same period, with a computed average of 1.58. The models expect the ETF $XHB to finish the worst in this group.

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Markets Overall

The Energy Sector Has The Strongest Numbers

Looking at the overall 30-day period, the models have gotten more bearish. This week the average is 3.70; last week, it was 4.11. This week only two sectors have bullish averages for the 30 days.

The sector with the highest score is Energy, with an average of 5.27, up from last week’s number of 4.68. Falling to second is Biotechnology, with a 30-day score of 4.81.

The bottom three sectors are Technology at 3.14, Emerging Markets at 2.70, and Bonds at 2.60.

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Markets Overall

Four Sectors That May Be Buys.

Looking at the overall 30-day period, the models have gotten bullish. This week the average is 4.11; last week, it was 3.53. For the first time in several weeks, there are sectors in the bullish zone, four to be exact.

The sector with the highest score is Biotechnology, with an average of 5.29, well above the neutral mark of 4.5. Except for Monday and Tuesday, all averages are green or bearish. And like last week, Health Care is showing bullish numbers through the middle of November. Its 30-day average is 4.72. The two other bullish sectors are Energy, scoring 4.68, and Precious Metals and Miners, with a score of 4.61.

Finally, the Bond sector returns to the bottom of the list with a score of 3.03.

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Some Sectors Are Looking Up

September was a tough month for the markets. From what I have read, most prognosticators are looking for a continuation through October, especially this coming Monday.

For the overall 30-day period, the models remain entirely in the bear camp. But Friday night’s numbers are up from the previous week‘s average. This week the average is 3.53; last week, it was 3.21. For the fifth week in a row, there is no sector with an average above 4.5 in the bullish zone.

The sector with the highest score, Biotechnology, almost gets a Bullish score. An average of 4.46 is barely below the neutral mark of 4.5. And for the later part of October and early November, Biotech gets daily scores in the 5’s. Last week’s top sector was Health Care. Health Care fell a bit with an average of 4.36. Health Care also has some bullish daily numbers at the end of the 30-day period.

What caught my eye was the strong green day occurring this coming Tuesday for Precious Metals and Miners. But, I prefer a continuation of similar numbers to make any judgment, and since 6.8 is standing as the sole bullish number for that period, I will ignore it.

The sector with the worst score is Energy, with an average of 2.90. And like last week, Commodities average remains in the 2’s with a score of 2.99.

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Markets Overall Uncategorized

All Sectors Indicate The Sell-Off To Continue.

There was a heck of a sell-off this week. I hope you didn’t get caught in the sucker’s rally on Friday morning. I sort of did; I picked up three inverse ETFs early in the week and set up some 5% trailing stops on them; Friday morning, the stops were executed for a gain, but by Friday afternoon, I would have been better off if the sales didn’t execute.

Based on the models, the sell-off will continue through October. The overall 30-day score, the average of all the sectors, remains unchanged. This week’s average fell dramatically to 3.46 from last week’s 4.07. So the models are very bearish.

No sectors are showing an average in the bullish zone. The bullish zone is above 4.5.

The Energy sector’s average, which had been strong for the previous three weeks, took a big step down to a score of 3.69.

The Biotech sector is the only sector showing green on a daily basis, but even its 30-day score is bearish at 4.30. The models predict some good numbers start in October.

The sector with the worst score is Technology. With an average of 2.66, I don’t expect much good news coming out of that sector for the next six weeks.

And watch out for some bad numbers this coming week in Commodities and the U.S. Stock Market.

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Markets Overall

Stock Market Models Get More Bearish

The overall 30-day score, which is the average of all the sectors, has fallen. This week’s average is 4.07, down from last week’s average of 4.22. So the models are still bearish.

For the second week in a row, the Energy sector is in the number one spot with the most bullish number. Energy’s 30-day average score is 5.33, up from 5.12. Look for a peak during the first week of September. The Commodities sector comes in second with an average score of 4.57, slightly above the neutral number of 4.5. The models have Commodities with some strength during the second and third week of September.

The three sectors at the bottom of the list are the US Stock Market with a score of 3.81, the Technology sector scoring 3.78, and Emerging Markets with a score of 3.68.

So, like the past six weeks, the models are bearish, except for Energy.

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Markets Overall

The Models Expect One More Bullish Week For The Stock Market.

Let’s look at last night’s sector strength chart; the overall average has improved to 4.12 from the previous week’s 3.98 If you watched last week’s video, you know the models called for the markets to be up this past week, and this coming week. Well, so far, so good.

The Emerging Markets sector has the worst overall average, scoring 3.58. The Precious Metals & Miners sector has an underperforming prospect. The computed strength is 3.76. The models are looking for positive pop next week, followed by a continuous downtrend through August and the first week of September.

The Energy sector has the best overall score of 5.14 and a good short-term prospect, which should occur in 8 to 11 days scoring 6.29. The Biotechnology chart is still the only chart showing an uptrend. The problem with the trend is that it remains in the bearish zone for most of the 30 days. It does get bullish the first week of September.

So, like the past three weeks, the models expect a downside to the markets through August.