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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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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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Markets Overall Uncategorized

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

Despite The End Of Week Bounce, The Models Remain Bearish

A good recovery in the markets from Wednesday on. I didn’t expect that to happen. The models suggest that the buying should continue on Monday and maybe into Tuesday. But for the overall 30-day period, the models remain fully in the bear camp. Friday night’s numbers show the overall average up slightly at 3.69 from last week’s 3.46. And like last week’s, no sectors show an average in the bullish zone. The bullish zone Sept 10 2022is above 4.5.

For the second week in a row, the Biotech sector has the best 30-day score; but it is a bearish 4.29. The models are still predicting some good numbers this week and early October. The models expect the Real Estate sector to perform well over the next two to three weeks.

The sector with the worst score is Commodities. With an average of 2.88, I don’t expect much good news coming out of that sector for the next six weeks. And the Technology sector is showing bearish numbers for most of the 30 days in the study.

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Markets Overall

Outlook: Rough and Tumble Through The Middle of September

Let’s look at last night’s sector strength chart; the overall average has declined to 3.87 from the previous week’s 4.12. With the bear/bull line at 4.5, the overall score for the next six weeks fell further into the bearish zone.

This week’s sector with the worst score is the Financial sector, scoring 2.58. Which is followed by the Real Estate sector. Real Estate’s 30-day score is 3.16

The Biotechnology sector moved from the second best to first by getting a score of 4.83. Which is just bearly into the bullish zone. The Energy sector, which was the best last week, fell to fourth; it scored 4.27, which is bearish but does show some strength from August 17 until the end of the month. The Bond sector moved to second place and is in the bullish zone with a score of 4.54.

Precious Metals and Miners score 4.43; Tuesday could be interesting for this sector. Health Care has the fifth highest score at 3.94, followed by Non-US Stock Markets at 3.92. Technology is next with a score of 3.89, US Stocks at 3.81, Commodities score 3.76, Emerging Markets record a 3.60, and the Consumer sector’s 30-day average score is 3.58

So, like the past four weeks, the models generally expect a downside to the markets through August until September 19. The one exception is Biotechnology.

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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.

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Markets Overall

Stock Market Call: Two Weeks Up, Four Weeks Down.

Let’s look at last night’s sector strength chart; the overall average has improved from last week’s 3.10 to last night’s 3.98. The models are still calling the market to remain bearish up to September 2. As you will see, some of the sectors have some bullishness to them for the next two weeks, but all sectors have bearish numbers through the end of August.

Let us start with the strongest sectors first. Energy and Bonds both have an average score of 4.53, Energy sector has strong numbers through the first week of August. Unlike Energy, the Bonds numbers are not as strong, but both sectors fall off through the end of August. Biotechnology scores a 4.48. Biotech is one of a few sectors with strength numbers that return to the bullish territory at the end of the 90 days. The Consumer sector comes in at 4.14.

As you will see, the remaining charts have a similar pattern to the Energy chart, strong through the first couple of weeks of August, then falling off. Next is the U.S. Stock Market at 4.13. And, Technology with a score of 4.12 with a considerable dropoff at the end of August. The Financial sector scores a 3.82. With Health Care following at 3.80. Non-U.S. Stocks, scoring 3.78, barely makes it into the bullish zone next week. Both Emerging Markets and Real Estate score 3.76. Coming in at twelfth is the Commodities sector with a score of 3.70. And finally, we get to the Precious Metals and Miners with an overall average of 3.23.

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

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Markets Overall

Stock Market Downside: No End In Sight

Let’s look at last night’s sector strength chart; despite Friday’s bounce, the overall average have fallen deeper into the bear territory with a score of 3.10. This is worse than last week’s 3.20. Friday was a classic dead cat bounce. With one exception, a bounce usually has a landing spot – the models don’t have one in the near future. And these models say that next week will see a sell-off much stronger than we have seen for the past several months. Are you ready?

Likewise, the individual sector averages are weaker too. No sector average is better than a four, remember a 4.5 is neutral. Let’s look at the individual charts for each of the thirteen sectors tracked, starting with the so-called best, the Biotechnology sector. Last night’s average for Biotech is 3.85. Next is Bonds, with a score of 3.71. The Energy sector is the third best sector of the thirteen. Energy scores 3.68. After Energy is the Technology sector with a score of 3.43 and is closely followed by the Consumer sector, this sector score is 3.39. Up next are U.S. Stocks, with an average score of 3.01. Health Care comes in seventh, scoring 3.00, and is closely followed by the Emerging Market sector with an average of 2.93. Precious Metals and Miners are next at 2.91, which is followed by Non – U.S. Stocks with a score of 2.88. And finally, the last three are the Commodity Sector at 2.56, Real Estate at 2.50 and the Financial sector at 2.44.

So the market action on Friday was your classic dead cat bounce, and we should see even more downside to the markets through August.

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Markets Overall

All 13 Sectors Tracked By My Models Remain Bearish For The Next 30 Trading Days

Based on the corresponding ETF averages, let’s look at last night’s sector strength chart; the overall average remains in the bear market territory with a value of 3.20.

Let’s look at the individual charts for each of the thirteen sectors tracked, starting with the worst, the Commodities sector. Last night’s average for Commodities is 2.56. Except for the first two days of next week, Commodities strength remains well below the neutral score of 4.5. Next is Technology, with a score of 2.74. Tech had been getting the poorest numbers for the past three weeks. The Bond sector is the third worse sector of the thirteen. Bonds score 2.76. After Bonds is the Financial sector with a score of 3.02 and is closely followed by the Precious Metals and Miners, Metals and Miners score is 3.03. Up next are U.S. Stocks, with an average score of 3.21. Real Estate comes in seventh, scoring 3.33 and is closely followed by the Consumer sector with an average of 3.35. Non-U.S. stocks are next, scoring 3.40. With Emerging Markets not too far behind at 3.51. The Energy has the highest daily score at 7.1; predicted for this coming Monday, but its average is a weak 3.65. The top two sectors are Health Care, scoring 3.74, and Biotechnology, almost at neutral with a score of 4.45. As you can see in the chart, the models have Biotech swooning from the end of July through the second week of August.

So all thirteen sectors tracked by the models remain bearish.

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Markets Overall

Will The Stock Market Madness End?

Let’s look at last night’s sector strength chart based on the corresponding ETF averages; this week’s overall average has a solid bearish value of 3.11. Do you see the light at the end of this bear market tunnel? I do. I see the oncoming market crash.

Let’s review the individual charts. The best is the Precious Metals and Miners, with an average 30-day score of 4.14. The Energy sector follows with a score of 4.02. The third sector is Commodities, scoring 3.64. Following Commodities is the Bond sector with an average of 3.5. The Non-US Stock Market follows with an average of 3.47 and Emerging Markets with 3.43. Seventh on the list is the Biotechnology sector scoring an even 3.0. Then Health Care follows with a score of 2.85. The Financial sector closely follows Health Care by scoring 2.82. Up next is Real Estate, scoring 2.71. And the last three are the Consumer sector, with 2.4, US Stocks, with 2.34, and the Technology sector, with 2.16.

So all thirteen sectors tracked by the models are bearish.

For individual ETF picks go to http://mcverryreport.com/forecast