Sometimes a conflicting picture emerges when Top Equity News does its weekly technical sector analysis. We see complimentary industries on both the bull and bear side of the ledger.
This week, the message seems fairly clear; materials and beat down sectors on one side and consumer-relevant industries on the other. Reading between the lines, are the charts saying the consumer is about to or has rolled-over and inflation is coming?
Here, take a look and see if you see what we see? (say that 10 times fast)
EMERGING BUY: industries with positive technical analysis traits that are in the early stages, indicating possible above average returns in the near-term:
Asset Managers
Media
Banks
Commercial Chemicals
Chemicals
Construction Materials
Industrials
Hotels
Oil & Gas
Paper
Steel
Forestry & Paper
General Industries
Diversified Industries
Tires
MATURE BUY: industries that have outperformed and their charts suggest the above average returns could continue:
Delivery Services
Broadcasting
Building Materials and Fixtures
Industrial Transports
Integrated Oil
Railroad
Home Construction
MATURE SELL: industries that have under-performed and based on their current chart patterns and could continue to lag:
Specialty Construction
Travel & Tourism
Business Support
Leisure Goods
Waste & Disposal
Software
Toys
EMERGING SELL: industries that have fresh negative technical analysis set ups and could have subpar performance in the weeks ahead:
Personal Products
Consumer Services
Computer Services
Food & Beverage
Support Services
Personal Goods
Apparel Retail
Broadline Retail
Specialty Retail
Retail
Food Producers
Footwear
General Retailers
The picture is clear right? Buy the stuff we use to build and move things around, and sell the things we buy for everyday use. TEN would also suggest focusing on large-cap value stocks on the buy side and growth stocks on the sell side.
Sector Selector: Materials versus Man is an article from: 
