We are still finding that most sectors are outperforming the S&P 500 and generating positive returns. That’s good news as it means it’s been easy to make money in the last 5 weeks. We sure hope your portfolios are getting fatter and your monthly statements some love, maybe even opened.
Two sectors are repeat performers from last week, Real Estate Stocks and Autos, Tires & Trucks Stocks. We can’t say that housing has hit a bottom, but we do know the market hits bottom 6-9 months before we know for sure that it’s over. Banks are being given free money again; so, maybe it’s time to take action on that house you have been eyeing.
Alternative Energy Stocks made almost a worst to 1st move from week-to-week. That’s the wonderful and terrifying thing about that sector, it’s yo-yo investing. There is plenty of money to made if your timing is right, but you are walking like a skittish dog on eggshells.
Here are the best and worst performing industries for the week.
Performance versus the S&P 500
| Rank |
Industry |
% Return +/- the S&P |
% up/down |
| 1 |
AUTOS-TIRES-TRUCKS |
5.20% |
6.96 % |
| 2 |
TRANSPORTATION-AIR |
4.55% |
6.29% |
| 3 |
REAL ESTATE |
4.28% |
6.02% |
| 4 |
ALTERNATE ENERGY SOURCES |
4.07% |
5.81% |
| 5 |
CONGLOMERATES |
3.73% |
5.46% |
| 6 |
PUBLISHING |
3.39% |
5.12% |
Here are the week’s poorest performing industries:
Performance versus the S&P 500
| Rank |
Industry |
% Return +/- the S&P |
% up/down |
| 59 of 59 |
UTILITY-GAS DISTRIBUTION |
-2.51% |
-0.88% |
| 58 |
COAL |
-1.76% |
-0.12% |
| 57 |
TOBACCO |
-1.76% |
-0.12% |
| 56 |
UTILITY-TELEPHONE |
-1.38% |
0.27% |
| 55 |
NON FERROUS METALS |
-1.11% |
0.54% |
| 54 |
TELECOMMUNICATIONS SERVICES |
-1.01% |
0.64% |
We were also encouraged by the new buy signals we found during our weekly sector technical analysis. We hope it means these sectors can lead the indexes through all the technical analysis trash we have been spouting off about in the last few weeks.
Market moves tend to precede news. You know, the whole buy the hype/rumor sell the news thing. Since 2nd quarter earnings season is kicking-off, maybe it means these sectors will produce the most earnings surprises in the weeks ahead?
These sector charts produced new buy signals:
Delivery Services Stocks
Electronic Equipment Stocks
Building Material Stocks
Construction & Materials Stocks
Industrial Stocks
Industrial Transportation Stocks
Paper Stocks
Real Estate Stocks (HMMMM, where have I seen this before)
REITs
Railroad Stocks
General Industry Stocks
Durable Household Goods Stocks
Life Insurance Stocks
These sector charts produced sell signals:
Beverage Stocks
Oil & Gas Stocks (maybe you should think about taking some profits off the table here)
Financial Administration Stocks
Fixed Telecom Stocks
Gold Mining Stocks
Broadline Retail Stocks
Telecom Stocks
We have a lot to comb through this week to find hot stocks for you to make money in. We should have a stock or two for your consideration tonight and a new trading earnings pick for you in the morning. Last week’s trading earnings pick, Crown Holdings Inc. (NYSE:CCK), beat estimates this morning and hopefully rewards our readers handsomely today.