For the second week in a row, sentiment is upbeat. The bulls took 45% of the 438 votes cast. The bears were at 27%, and neutral was at 28%.
Peculiarly, in the sectors, precious metals was seen as most likely to rise. That's usually an indication of a lack of faith in stocks. The sector seen as most likely to decline was homebuilding.
Shares of Google, which is coming off last week's bang-up earnings report, hit an all-time high today.
The Internet search giant was recently trading at $482.00, up $22.33, or 4.9% from Friday.
The major stock averages were booming on Monday. The Dow Jones Industrial Average was recently up 108 points, another all-time high. The Nasdaq Composite was up 16 points, and the S&P 500 was higher by 7 points.
Crude oil continuted its descent, down 83 cents to $58.50 a barrel recently.
Below are the complete poll results.
Date
Bullish
Bearish
Neutral
Week Ending S&P % Change
Bullish Sector
Bearish Sector
Oct. 23
197 (45%)
118 (27%)
123 (28%)
Precious Metals
Homebuilding
Oct. 16
74 (60%)
26 (21%)
23 (19%)
+ 0.2%
Semis, Semi Equipment
Homebuilding
Oct. 9
127 (37%)
156 (41%)
94 (25%)
+ 1.2%
Biotechnology
Semis, Semi Equipment
Oct. 2
138 (33%)
185 (44%)
93 (22%)
+ 1.03%
Energy Equipment & Services
Integrated Oil
Sector
Total Votes
Percentage
Aerospace and Defense
13
3%
Airlines
23
5%
Automobiles
9
2%
Beverages and Food Products
4
1%
Biotechnology
25
6%
Commercial Banks
18
4%
Computers and Peripherals
13
3%
Consumer Nondurables
11
3%
Energy Equipment & Services
32
7%
HMOs and Hospitals
6
1%
Homebuilding
11
3%
Insurance
13
3%
Integrated Oil
33
8%
Internet, Software Services
46
11%
Investment Bankers and Brokers
17
4%
Media
2
0%
Multiline Retail
6
1%
Pharmaceuticals
25
6%
Precious Metals
64
15%
Semis, Semi Equipment
22
5%
Telecom Equipment
17
4%
Tobacco and Alcohol
9
2%
Utilities
11
3%
Wireless Communications
7
2%
Source: RealMoney.com
Sector
Total Votes
Percentage
Aerospace and Defense
6
1%
Airlines
20
5%
Automobiles
35
8%
Beverages and Food Products
11
3%
Biotechnology
2
0%
Commercial Banks
24
6%
Computers and Peripherals
9
2%
Consumer Nondurables
3
1%
Energy Equipment & Services
23
5%
HMOs and Hospitals
7
2%
Homebuilding
75
17%
Insurance
1
0%
Integrated Oil
73
17%
Internet, Software Services
8
2%
Investment Bankers and Brokers
12
3%
Media
11
3%
Multiline Retail
6
1%
Pharmaceuticals
9
2%
Precious Metals
24
6%
Semis, Semi Equipment
37
9%
Telecom Equipment
10
2%
Tobacco and Alcohol
10
2%
Utilities
7
2%
Wireless Communications
8
2%
Source: RealMoney.com
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Editor's Desk RealMoney's Most Read Stories 10/23/2006 9:27 AM EDT Today, Cody Willard on Google, and Helene Meisler and Jim Cramer on the market.
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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