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Sector Performance: Bulls Besting Bears 4 To 1

 November 27, 2012 12:47 PM

(By Rich Bieglmeier) Tuesday is sector performance day. Not surprisingly, following a week of big gains, the number of bullish sectors outnumbers bearish sectors on a 4 to 1 basis. While we have never tried to quantify it, when the balance is heavily tilted one way or the other, it must mean something.

In this case, we hope it is a sign that stocks will continue to recover from the mid-September correction. If the tape stays green, then knowing which sectors are hot and which are not can help investors make the most out of the next move.

Every week, iStock looks for trends among the industries that display out/under-performance characteristics relative to the S&P 500.  People spending on themselves and their homes appear to be this week's theme; although, somewhat loosely tied together.

[Related -Lululemon Athletica inc. (LULU): Near-Term Risks Could Further Derail Investor Confidence]

We also witness a contradiction. Travel & Tourism made our Mature Bull list. Meanwhile, Hotels check-in on the Emerging Bear list. Camping must be hot this fall/winter season. Telecom stocks continue to stay in the bear columns. Investors might show some patience before putting any new money into the sector.

This week, we are going to do something a little different. iStock will add symbols from promising charts alongside the sub-sector. A little later, we'll do a write up on one of our favorite ideas from the emerging/mature bull sectors.

EMERGING BULL: Industries with positive technical analysis traits that are in the early stages, indicating possible above average returns in the near-term:

  • Aerospace (BEAV, PCP)
  • Auto Parts (CXDC, DORM, FSYS, QTWW, SMP, WBC)
  • Autos (F, PEUGY)
  • Marine Transport (DCIX, SFL, TK)
  • Personal Goods
  • Footwear (ADDYY, DECK, ICON, NKE)
  • Non-Durable Household Goods (ENR, ODC)
  • Transports
  • Toys (ATVI, EA, JAKK, LF)
  • Furnishings (HNI, LZB, MLHR)

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MATURE BULL: Industries that have outperformed and their charts suggest the above average returns could continue:

  • Construction & Materials
  • Specialty Construction
  • Leisure Goods
  • Household Goods
  • Travel & Tourism (CTRP)
  • Industrial Machinery (AIMC, BWEN, CFX, CIR, IEX, ITW, MLI, PRLB, SXI)

MATURE BEAR: Industries that have underperformed and, based on their current chart patterns, could continue to lag:

  • Fixed Telecom

EMERGING BEAR: Industries that have fresh negative technical analysis set ups and could have sub-par performance in the weeks ahead:

  • Broadline Retail
  • Telecom
  • Hotels


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