Replies to post #466 on Sector Investing

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Disk drive stocks lead the tech sector. DDX is consolidating gains after recent uptrend. Bollinger bands getting narrow and this could be a good sector to find straddles..

http://biz.yahoo.com/opt/030801/5cf7bbf315160b53ee8f25ef773b1350_1.html

Disk Drive Index Components - $DDX, ADIC, ADPT, FLSH, HTCH - 6 Month Daily Charts:

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Brokerage stocks shoot higher in July and the Broker index is up nearly 50% from its March lows. The group fell sharply on Friday, however, and this could be a good bet to lead a correction in the stock market going forward.

http://www.optionetics.com/articles/article_full.asp?idNo=8819

Broker Dealer Stock Index Components - $XBD, AGE, AMTD, BSC, ET, GS, JEF - 6 Month Daily Charts:

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Cyclical Stock Index (Morgan Stanley) Components - $CYC, AA, C, CAT, CSX - 6 Month Daily Charts:






Cyclical stocks perform well during July. The performance is noteworthy because they often lead the market. CYC is also at the upper end of its trading channel and is due for some short-term weakness.

http://www.optionetics.com/articles/article_full.asp?idNo=8819

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Natural gas run out of fuel in July and XNG is unable to find any sort of support. Look for the trend to continue because momentum indicators are pointing lower still.

http://www.optionetics.com/articles/article_full.asp?idNo=8819

Natural Gas Index Components - APA, APC, BR, DVN, DYN, EOG - 6 Month Charts:

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Oil service stocks are the worst performers during the month of July, but appear to be strengthening in August. Look for OSX to hold trendline support (on weekly chart) and move higher from here.

http://www.optionetics.com/articles/article_full.asp?idNo=8819

Oil Services Index - $OSX, BHI, BJS, CAM, GLBL, GSF - 6 Month Charts:







http://finance.yahoo.com/q?s=@^osx&d=t

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Utility Index - $UTY, AEE, AEP, AES, CNP, D - 6 Month Charts:






The Dow Jones Utility Average stinks up the place during the month of July. It has been in a three-week trading range, but now appears set for another move to the downside.

http://www.optionetics.com/articles/article_full.asp?idNo=8819

http://finance.yahoo.com/q?s=@^uty&d=t