The highest scoring names in large cap from 1 year ago (12/11/2012) returned 937 bps more than the S&P 500.  The top performers are DAL up 166%, GILD up 94%, MCK up 68%, and HRB up 62%.

• Industrial goods are the top scoring sector.
• The best large cap industry is asset managers.

The average large cap company score is 71.48, below the four week average score of 72.98.  The average large cap is trading 5.74% above its 200 dma, has 3.98 days to cover short and is expected to grow EPS by 12.9% next year.
The top scoring large cap sector is industrial goods.  Consumer goods, financials, and healthcare all score above average.  Technology and services score in line.  Basics and utilities score below average.

Commentary:
 

The following table shows how large cap sectors are executing on earnings relative to analyst consensus estimates.  Over the past year, healthcare has been best at outpacing the Street, beating an average 2.8 of the past four quarters.  That was up slightly from 2.77 for the prior period's trailing four quarters.  Only consumer and financials have seen their ability to outpace drop.  Industrials have seen their average number of beats climb the most from the prior period.
 

The top large cap industry is asset managers (AMP, BLK, TROW, BEN, IVZ).  Asset manager fee revenue is shifting to mix friendly equities from low fee fixed income.  AUM growth tied to equity appreciation is also driving fee revenue higher.  Technical & system (INFY, ADSK) and business software (WIT, CTSH, FISV, ADP) is strong scoring on rising optimism of software spending next year.   Diversified machinery (ITW, FLS, DOV, CMI) offers growth as Europe turns from a headwind to a tailwind and U.S. manufacturing continues higher.  Aerospace/defense (BA, NOC, RTN, HON, GD) benefits from rising enthusiasm for a Gov't budget resolution.  OEMs boosting of production offers ongoing support to suppliers into 2014.  Output of BA's 737s will climb to 42 from 38 per month in the first half of next year, with BA guiding for production to climb to 47 per month in 2017.

The best scoring large cap basics industries are industrial metals & minerals (ANR, ATI, CNX), major chemicals (APD, DOW) and steel & iron (NUE, TX, MT, GGB, CLF).  Steel prices have continued to improve off summer lows, with the MetalMiner monthly Raw Steels MMI price index improving 3.7% in December from November.  In consumer goods, buy major food (MDLZ, ADM), auto parts (LEA, JCI) and personal products (PG, EL, CL).  According to Ward's, the daily sales rate of U.S. light vehicles improved 4.5% in November.  Textiles (NKE, VFC) are also strong and benefit as cotton prices have retreated.  In financials, own asset managers, credit services (MCO, COF, AXP) and insurance brokers (AON, MMC).  Credit card and consumer loan standards continue to ease, supporting loan growth.   According to MarketScout, the average P&C insurance premium improved 4% YoY in November.  In healthcare, focus on health care plans (CI, UNH, WLP), medical instruments (BDX, SYK, BCR) and biotechnology (CELG, GILD, BIIB).  In industrial goods, every industry scores above average, led by diversified machinery and aerospace/defense.  Lodging (H, HOT), rails (CSX, NSC, CP), and business services (CME, V, FIS) score highest in services.  RevPAR gained 4.1% in the most recently reported month of October, according to STR.  In technology, buy technical & system software, business software, and Internet information providers (YHOO, FB, GOOG, LNKD, EXPE).