Sector Review

XLF - Financials

XHB - Home Builders
SMH - Semis

RTH - Retail

I consider these four sectors as the horseman of the underlining market. We all know the Oils and the Drillers are going nuts based on Oil prices. The Ags, Steels, and other commodity stocks are going crazy based on those prices and so are some gold stocks.

The above sectors are the sectors that got this market in trouble and need to heal. They are in the process of doing that. The Homebuilders have turn and I keep screaming at myself for not doing a better taking advantage of it. The other three are really trying to turn. Once they do, I say we are back in bull market mode.