You might start hearing the word volatility with greater frequency. Stocks finished relatively flat yesterday in the wake of a European political shakeup, but Top Equity News believes that’s about to change.
The pro-bailout crowd in Greece couldn’t pull a majority together. The newly elected neo-Nazis and Socialists ran on taxing and spending, anything but EU bailout terms. It looks as if Greece could walk away from the debt agreement in place and take us back to last summer.
Uncertainty is the last thing investors need with the U.S. economy sputtering. With the threat of EU debt disorder and the Chinese economy tapping the breaks, Wall Street could make good on the axiom of “sell in May and go away.”
With the technical analysis picture for stocks shaky, knowing which sectors are hot and which or not takes on greater importance.
EMERGING BUY: industries with positive technical analysis traits that are in the early stages, indicating possible above average returns in the near-term:
Medical Equipment
Airlines
Electricity
Fixed Telecom
Reinsurance
Pharmaceuticals
Broadline Retail
Drug Retail
Recreational
Railroad
Soft Drinks
Insurance Brokers
Telecom
MATURE BUY: industries that have outperformed and their charts suggest the above average returns could continue:
Building Materials & Fixtures
Biotech
Beverages
Consumer Services
Property & Casualty
General Retailers
Home Construction
MATURE SELL: industries that have under-performed and, based on their current chart patterns, could continue to lag:
Autos
Business Training
Basic Resources
Telecom Equipment
Industrial Supplies
Industrial Engineering
Oil & Gas
Gold Mining
Semiconductors
Commercial Vehicles
Furnishings
EMERGING SELL: industries that have fresh negative technical analysis set ups and could have subpar performance in the weeks ahead:
Asset Managers
Electronic Equipment
Clothing
Containers & Packaging
Electronic Computer Equipment
Industrials
Support Services
Paper
Software
Technology
Tech Hardware
Sector Selector: It’s all Greek to Wall Street is an article from: 
