The average large cap score is 62.53 this week, below the four week moving average score of 65.85. The average large cap stock is trading -9.85% below its 52 week high, 2.33% above its 200 dma, has 4.49 days to cover held short, and is expected to post EPS growth of 13.36% next year.

Although the stock market displayed weakness last week as I suggested it would, bulls aren’t going down easily.

The top scoring sector across our 1,800 stock universe is financials. Healthcare and utilities also score above average this week.

The average large cap stock score is 60.09, below the four week moving average score of 63. The average large cap is trading -9.43% below its 52 week high, 3.10% above its 200 dma, has 4.49 days to cover held short, and is expected to grow EPS by 13.32% next year.

As many investors enjoy the final weeks of summer, some optimistic bulls seem to be positioning themselves well ahead of Labor Day in anticipation of a fall rally. Indeed, last week’s action was impressive

The average score across our large cap universe this week is 59.73, below the four week moving average score of 64.25. The average large cap stock is trading -11.37% below its 52 week high, 1.1% above its 200 dma, has 4.49 days to cover held short, and is expected to grow EPS by 13.38% next year.