Commentary:
Most market sectors are out of overbought territory with current trends mostly down. Until financials start outperforming over the one year time period, or I have a decent profit, or something else changes my thought process I will remain in them.
Rankings and Ratings:
Rank-Sector-Rating
#1-Financials-Outperform
#2-Materials-Outperform
#3-Energy-Outperform
#4-Industrials-Perform In Line
#5-Technology-Perform In Line
#6-Utilities-Perform In Line
#7-Consumer Staples-Underperform
#8-Consumer Discretionary-Underperform
#9-Health Care-Underperform
Notes
Rank: 1=Highest; 9=Lowest
Rating: My Forecast of How I Expect The Sector To Perform Versus S&P 500 Over The Next One Year
Disclosure: I am long XLF.
Additional disclosure: I am long financials through mutual fund FIDSX.