Weekend Report: Best & Worst

Top scoring weekly returns:  Buy and Hold 1 Year

Utilities are top scoring this week, followed by financials and basic materials.

Healthcare, technology, and consumer goods score in line with the average universe score. Focus on large and mid cap in healthcare.

Industrial goods and services score below average. Services typically rebound in the fourth quarter. Concentrate on small cap in industrial goods.

The following chart visualizes score by sector and market cap.

The next chart shows historical four, eight, and 12 week moving average scores since 2010.

Total net electricity generation was up 0.6% in May as residential prices climbed 3.4% year-over-year. June's data will be released by the EIA on August 25th.

Financials

C&I loans at commercial banks totaled $1,731 billion in July, up from $1,708 billion in June and $1,666 billion in March. Banks are increasing employment in commercial loan departments to meet demand.  According to the WSJ, commercial lending increased at an annualized 13% rate during the second quarter and consumer lending increased an annualized 6%.

Basic Materials

According to Baker Hughes, the number of active rigs in North America has climbed 122 from a year ago to 1913 rigs.

Top Scoring

 

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