Sector Analysis 02 December 2012

Added on by StockMarketStudent.
Last week ended turned out to be very bullish, primarily due to rumors of fiscal cliff compromises so it was a good thing that most of the sector plays were sidelined.  This week is very difficult to read, primarily due to the major move upward in all the sectors.  Whether this movement can continue without stalling remains to be seen. 
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Sector Analysis 26 November 2012

Added on by StockMarketStudent.
The markets experienced a major bounce on a short trading week.  Most of the price charts look quite bearish but I do not recommend shorting everything as this strategy could be quite dangerous at this time of year.  So I am going to take a wait-and-see attitude.  Aggressive traders could initiate shorts at the first signs of downward movement.  The rest of us should stay on the sidelines this week, except for Basic Materials.
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Sector Analysis 18 November 2012

Added on by StockMarketStudent.
Many of the sectors are looking pretty bearish again this week with the 200 day Simple Moving Average coming into play for many of these ETFs.  As thanksgiving is a major holiday in the USA, I look for a potential turn positive after the holiday, probably at the start of the following week.
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Sector Analysis 11 November 2012

Added on by StockMarketStudent.
The election caused a great deal of turmoil last week.  Most sectors dropped fairly significantly, in particular utilities and technology.  I strongly believe there will be some relief this week, a short term bounce as some of the sectors are at major support levels. 
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Sector Analysis 15 October 2012

Added on by StockMarketStudent.
The various sectors are starting to show either a bearish trend or uncertainty with regards to future direction.  I would not be surprised at all to see a fairly significant correction towards the end of October.  Watch out for increased volatility in the next week or two.
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Sector Analysis 8 October 2012

Added on by StockMarketStudent.
I am leaving most of the ETFs on the sidelines this week as the technical readings are very uncertain.  The exceptions are the telecom and basic materials sectors (bullish) and the technology sector (bearish).
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Sector Analysis 30 September 2012

Added on by StockMarketStudent.
Most positions were stopped out last week and it appears that we may be at a turning point with DJ transportation leading the way downward. However, I have initiated very few short positions but have put in short sell stops to get into them.
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Sector Analysis 23 September 2012

Added on by StockMarketStudent.
I was very happy with last week's predictions.  Basic Materials was stopped out but other than that the sector analysis was spot on.  Most of the sectors remain bullish and I'm expecting a pretty bullish week to come.  The only word of warning is the apparent bearishness of DJ Transportation - this could forebode things to come. 
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Sector Analysis 17 September 2012

Added on by StockMarketStudent.
Last week was again very bullish primarily due to Federal Reserve actions, commonly referred to as Quantity Easing 3 (QE3).  Because of the Fed actions, most sector ETFs shot through the roof and I found there was no point in analyzing the two indicators I generally track:  Williams%R and On-Balance Volume (OBV) . The only two sectors that do not appear to be extremely bullish are IDU (utilities) and IYT (transportation).
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Sector Analysis 9 September 2012

Added on by StockMarketStudent.
Last week was very bullish, in particular the last two days.  We will have to wait and see if the euphoria carries through to this coming week.  I would suggest waiting until the market opens on Monday to gauge which way the winds are blowing before placing brokers instructions.  Many of the sector ETFs are sitting just above support levels.  If these ETFs open below support on Monday then the bull market will fail.
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Sector Analysis 3 September 2012

Added on by StockMarketStudent.
There is a lot of indecision / conflicting signals in this weeks sector ETF charts.  Healthcare and Consumer Services seem to be the only clear buy opportunities and Energy is a sell short opportunity.  Good luck with your trading this week!
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Sector Analysis 24 June 2012

Added on by StockMarketStudent.
This last week we saw some separation of price action among the sectors. i.e. they were not following the general market trend.  Some sectors are starting to present some pretty bullish charts and I believe the Europe crisis will be ignored for the next few weeks.  If this year follows the typical seasonal pattern then we should be good until the end of July - then the next phase of the bear market will likely kick into high gear.
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Sector Analysis 17 June 2012

Added on by StockMarketStudent.
The stock market was strong last week in spite of the ongoing concerns in Europe.  It is likely that this issue (Europe/Greece/Spain) is suffering from investor fatigue and in that case the markets should continue to be strong.  The best part of a bull market is the initial stages, while the average investor is sleeping.  This being said, the recent strength could be one big head-fake with the bear returning with full fury.  In any case, the good sectors are starting to separate from the bad.  So don't just jump on the bandwagon but be very selective.
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Sector Analysis 4 June 2012

Added on by StockMarketStudent.
I am seeing "red" all around.  The markets are looking for QE3 to prop up markets.  This will likely happen in the near future and when it does there will be massive short covering - the markets will "pop".   Keep this in mind - be bearish but be smart.  Don't be overly aggressive or you will get blown out...
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Sector Analysis 20 May 2012

Added on by StockMarketStudent.
The charts are looking fairly bleak **again** this week.  Most of the sectors are either bearish or neutral. It may be a good time to take profits, wait for a bounce and then re-enter new short positions.
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Sector Analysis 13 May 2012

Added on by StockMarketStudent.
The charts are looking fairly bleak **again** this week.  Most of the sectors are either bearish or neutral.  Keep in mind that market sentiment can change very fast.  In this type of market condition it is best to go long some ETFs (such as transportation, utilities and basic materials) and short others (such as technology, energy, financials, consumer goods).
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