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: 

  • Technology
  • Consumer Cyclical
  • Financials
  • Here are the three bottom sectors:

  • Energy
  • Staples
  • 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)

    Energy (XLE)

    Financials (XLF) 

    Industrials (XLI)

    Technology (XLK)

    Consumer Staples (XLP)

    Utilities (XLU)

    Health Care (XLV)

    Consumer Disretionary (XLY)

    Print Friendly, PDF & Email