Sector Watch: Where Your Focus Should Be

Stock Market is on shaky ground here. Direction is Uncertain. 

So let's take a deeper look at the sectors themselves. Which ones are most favorable and the ones that are not. 

Right here are my top three sectors: 

1. Technology
2. Consumer Cyclical
3. Financials

Here are the three bottom sectors:

1. Energy
2. Staples
3. Health Care

I normally would have Utilities on the bottom three, but there is an intriguing inverse head and shoulders pattern suggesting that it is setting up for a bigger move. 

Let's review the sectors:

Basic Materials (XLB)

(Click on image to enlarge)

Energy (XLE)

(Click on image to enlarge)

Financials (XLF) 

(Click on image to enlarge)

Industrials (XLI)

(Click on image to enlarge)

Technology (XLK)

(Click on image to enlarge)

Consumer Staples (XLP)

(Click on image to enlarge)

Utilities (XLU)

(Click on image to enlarge)

Health Care (XLV)

(Click on image to enlarge)

Consumer Disretionary (XLY)

(Click on image to enlarge)