Sector Watch: Where Your Focus Should Be

Stock Market is on shaky ground here. Direction is Uncertain. 

So let's take a deeper look at the sectors themselves. Which ones are most favorable and the ones that are not. 

Right here are my top three sectors: 

  1. Technology
  2. Consumer Cyclical
  3. Financials

Here are the three bottom sectors:

  1. Energy
  2. Staples
  3. Health Care

I normally would have Utilities on the bottom three, but there is an intriguing inverse head and shoulders pattern suggesting that it is setting up for a bigger move. 

Let's review the sectors:

Basic Materials (XLB)

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xlb 1

Energy (XLE)

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xle 1

Financials (XLF

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xlf 1

Industrials (XLI)

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xli 1

Technology (XLK)

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xlk 1

Consumer Staples (XLP)

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xlp 1

Utilities (XLU)

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xlu 1

Health Care (XLV)

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xlv 1

Consumer Disretionary (XLY)

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xly 1

Click here to download my Allocation Spreadsheet. 

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