USA | Longterm | Midterm | Shorterm |
S&P500 | Down | Down | Down |
DJI | Down | Down | Down |
NasdaqComp | Down | Down | Down |
Natural Gas | Down | Down | Down |
Oil | Down | Down | Neutral (+) |
SecurityBroker | Down | Down | Down |
Bank | Down | Neutral | Up |
Insurance | Down | Down (-) | Down (-) |
Housing | Down | Neutral | Up |
Shipping | Down | Down | Down |
Steel | Down | Down | Down |
Retail | Down | Neutral (-) | Down (-) |
Biotech | Up | Neutral | Down |
Airline | Down | Neutral | Neutral (-) |
Saturday, September 27, 2008
Sector Indexes (20080926)
I'm still bearish on the shipping sector. Increasing my bearish exposure on the consumer/retail. I'm looking at the banking sector to go bearish. I don't think the banks can go any further based on the index behavior.
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