• The best mid cap sector is industrials.

• The top mid cap industry is semi ICs.

The average score for mid cap stocks in our universe is 71.23. For comparison, the score averages 70.61 over the past four weeks. The typical mid cap stock in our universe is trading -12.18% below its 52 week high, 7.06% above its 200 dma, has 6.7 days to cover held short, and is expected to grow its EPS by 14.5% next year.

The best mid cap sectors are industrial goods, financials, and technology. Consumer goods score in line with the average universe score. Services, basics, healthcare, and utilities score below average.

The following stocks score best and worst in mid cap this week.

The following chart shows historical mid cap scores by sector since the Great Recession.

The top scoring mid cap industry is semi ICs (MSCC). Movies (CNK, LGF, RGC), scientific & technical instruments (BRKR, COHR, ITRI, CGNX), semi equipment (TER, ENTG), and industrial electrical equipment (LFUS, RBC, BDC, AOS) are also high scoring.

In case you didn't see it in yesterday's large cap report, the following chart provides adds perspective to the strength we're seeing in semiconductors. The book-to-bill typically peaks in the second quarter, supporting semiconductor stock returns between December and May.

The best scoring mid cap basics industries are specialty chemicals (NEU, CBT), drillers (PTEN), and steel & iron (STLD, CMC, CRS). In consumer, concentrate on auto parts (DORM, TEN, GNTX, DAN) and packaging & containers (MINI, TUP). The top financials industries are regional banks (SIVB, WTFC, FHN, OZRK, HBHC, FFIN), REITs (RWT, BDN, CLI, LXP, AIV), and surety & title insurance (AGO). In healthcare, focus on medical instruments (TFX, NUVA, HRC, PKI), hospitals (LPNT, THC), and healthcare plans (WCG, CNC). Every industrial goods basket scores above the universe average, led by industrial electrical, residential construction (NVR), and diversified machinery (MIDD, BGG, NDSN, ITT). Movies, trucking (ODFL), and education (LOPE, DV) are best in services. The top technology industries are semi ICs, scientific & technical instruments, and semi equipment.