Bulls Take Poll Again

Stock quotes in this article: STN , TXU  

The bulls kept control of TheStreet.com RealMoney Barometer, but it was a bit of a dogfight.

Of the 1,511 votes cast, the bulls got 577, or 39%. The bears notched 451, or 30%, and neutral came in at 463, or 31%.

In the sectors, as it has been for the past three weeks, precious metals was seen as most likely to rise, and homebuilding was picked as most likely to fall.

Integrated oil and energy equipment and services were the second and third sectors, respectively, tapped as most likely to rise, probably due to the recent rebound in the price of oil. Commercial banks and airlines followed homebuilding as bearish sectors.

In company news, the top deal of the day will see Texas-based utility TXU(TXU Quote) go private through what will be the largest leveraged buyout in history.

A group led by Kohlberg Kravis Roberts and Texas Pacific will pay $69.25 a share for the company; including assumed debt, the transaction is worth $45 billion.

Elsewhere, Station Casinos (STN Quote) accepted a buyout offer worth $8.8 billion, including $3.4 billion in debt that will be assumed.

The arrangement will see Station acquired by Fertitta Colony Partners, a firm started by the company's founding family.

The major stock averages were trading lower on Monday. The Dow Jones Industrial Average was trading at 12,616.96, off 31 points; the Nasdaq Composite was at 2495.61, down 19 points; and the S&P 500 was at 1446.48, down about 5 points.

Light, sweet crude futures were trading slightly higher on the Nymex recently, up 7 cents to $61.23 a barrel.

Stock-buying interest was dampened Monday by comments from former Fed Chairman Alan Greenspan, who said during a business conference in Hong Kong that the U.S. economy could face a recession.

Below are the complete poll results.

Date Bullish Bearish Neutral Week Ending
S&P % Change
Bullish
Sector
Bearish Sector
Feb. 26 577 (39%) 451 (30%) 463 (31%) Precious Metals Homebuilding
Feb. 20 339 (46%) 158 (22%) 229 (31%) - 0.3% Precious Metals Homebuilding
Feb. 12 348 (25%) 618 (44%) 423 (30%) + 1.2% Precious Metals Homebuilding
Feb. 5 781 (54%) 272 (19%) 389 (27%) - 0.6% Energy Equipment and Services Homebuilding

Sector Total Votes Percentage
Aerospace and Defense 42 3%
Airlines 20 1%
Automobiles 17 1%
Beverages and Food Products 28 2%
Biotechnology 71 5%
Commercial Banks 35 2%
Computers and Peripherals 24 2%
Consumer Nondurables 22 1%
Energy Equipment and Services 205 14%
HMOs and Hospitals 18 1%
Homebuilding 30 2%
Insurance 20 1%
Integrated Oil 258 17%
Internet, Software Services 33 2%
Investment Bankers and Brokers 38 3%
Media 22 1%
Multiline Retail 25 2%
Pharmaceuticals 37 2%
Precious Metals 292 20%
Semis, Semi Equipment 71 5%
Telecom Equipment 37 2%
Tobacco and Alcohol 35 2%
Utilities 74 5%
Wireless Communications 29 2%
Source: RealMoney.com

Sector Total Votes Percentage
Aerospace and Defense 10 1%
Airlines 135 9%
Automobiles 97 7%
Beverages and Food Products 16 1%
Biotechnology 30 2%
Commercial Banks 140 9%
Computers and Peripherals 42 3%
Consumer Nondurables 24 2%
Energy Equipment and Services 23 2%
HMOs and Hospitals 17 1%
Homebuilding 402 27%
Insurance 9 1%
Integrated Oil 77 5%
Internet, Software Services 35 2%
Investment Bankers and Brokers 62 4%
Media 25 2%
Multiline Retail 57 4%
Pharmaceuticals 56 4%
Precious Metals 52 4%
Semis, Semi Equipment 67 5%
Telecom Equipment 26 2%
Tobacco and Alcohol 25 2%
Utilities 27 2%
Wireless Communications 24 2%
Source: RealMoney.com
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David Morrow is editor-in-chief of TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, though he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. He appreciates your feedback; click here to send him an email.




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Dow Jones S&P 500 NASDAQ 10-Year Note
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UP
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