Stock Market is on shaky ground here. Direction is Uncertain. 

So lets 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: 

  1. Technology
  2. Consumer Cyclical
  3. Financials

Here are the three bottom sectors:

  1. Energy
  2. Staples
  3. 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)

xlb 1

Energy (XLE)

xle 1

Financials (XLF) 

xlf 1

Industrials (XLI)

xli 1

Technology (XLK)

xlk 1

Consumer Staples (XLP)

xlp 1

Utilities (XLU)

xlu 1

Health Care (XLV)

xlv 1

Consumer Disretionary (XLY)

xly 1