Scott Martindale

As earnings season gets underway with mixed results but a generally positive trend, Wall Street analysts are coming out with upgrades and downgrades to earnings estimates that are significantly impacting our sector rankings this week. Read more about Sector Detector: Seeing rotation in fundamentals

Scott Martindale

The market twice threatened to pullback over the past week, but each time it resumed its methodical upward trajectory. The S&P 500 set a new intra-day 52-week high on Monday, and then set another 52-week closing high on Tuesday. Sabrient’s SectorCast-ETF model shows little change from last week, with Healthcare on top, again followed by InfoTech and Consumer Discretionary. Read more about Sector Detector: Mixed signals in the rankings continue

Scott Martindale

After a brief consolidation period and staying flat for two weeks, the market has resumed its upward march, with the S&P 500 setting new 52-week highs each day. Healthcare now tops the forward-looking rankings, followed by InfoTech and Consumer Discretionary, both of which continue their impressive climb. Read more about Sector Detector: Healthcare and InfoTech top the forward rankings

Scott Martindale

As the market continues its slow but steady march further into overbought territory, Sabrient’s SectorCast-ETF rankings are holding steady. Energy, Healthcare and Financials still look undervalued, while Telecom, Industrials, and Materials look overvalued. Read more about Sector Detector: Rankings hold steady as market marches upward

Scott Martindale

The market has gone straight up over the past week since beginning the month of March by breaking through its 50-day moving average. The top and bottom of Sabrient’s SectorCast-ETF rankings look pretty similar to last week, although there has been some shuffling as Energy takes the top spot and Healthcare re-emerges in the top two. Read more about Sector Detector: Energy and Healthcare look good

Pages