The best scoring sector across our universe of 1,600 stocks is utilities.

The average large cap stock is trading -9.1% below its 52 week high, 3.7% above its 200 dma, has 4.49 days to cover held short, and is expected to post EPS growth of 13.5% next year.

The best scoring sector across our 1,800 stock universe remains utilities. Basic materials has also moved above average in the past week (see later in this report). Industrial goods and consumer goods score in line with the average universe score.

The average large cap score is 56.92 this week, below the four week moving average score of 60.90. The average large cap is trading -11.22% below its 52 week high, 2.49% above its 200 dma, has 3.93 days to cover short, and is expected to grow earnings by 14.06% next year.

Financials have displaced industrial goods, continuing their climb up our ranking. Industrials, utilities, and consumer goods all score above average. Despite being the top scoring sector in large cap last week, healthcare scores in line across the entire universe.

Covering: Overnight Markets & News, US Stock Preview, Overnight Stock Movers, Market Comments , Global Event Calendar, and US Earnings Release Calendar.