Bulls Maintain Control of Poll

Stock quotes in this article: VOD , VZ  

The bulls maintained their lock on TheStreet.com RealMoney Barometer survey this week.

Of the 1,610 votes cast, the bulls took 850, or 52%. The bears got 367 votes, or 22%, while neutral came in with 423 votes, or 26%.

For the second week in a row, energy equipment and services was selected as the sector most expected to rise. Homebuilders again was tabbed as most likely to fall.

Other sectors expected to have a good week were integrated oil and precious metals. Airlines and automobiles were chosen as two sectors expected to decline.

In company news today, Verizon(VZ Quote) posted in-line first-quarter financial results and impressive growth in its Verizon Wireless venture with Vodafone(VOD Quote). Here's what TSC's Scott Moritz had to say about Verizon's quarter: "The company's costly fiber-optic expansion effort is getting less expensive, while new TV subscribers are coming on board faster than expected.

"But the main phone business saw its fourth-straight quarter of increased customer defections. In the first quarter, Verizon lost 925,000 lines from year-end levels -- meaning it has lost 7.9% of the lines it had at March 31, 2006. The cancellation rate is up from 7.6% in the fourth quarter and 6.9% a year ago."

TSC's Ted Reed reports that "Delta Air Lines(DALRQ Quote) has officially ended its 19-month stay in bankruptcy, saying it has cut enough costs and changed its business in a manner that will allow it to succeed financially and operationally.

"Shares of Delta began trading Monday on what's known as a "when-issued" basis, meaning the stock has been authorized but not yet issued. The airline is preparing to issue 400 million new shares on Thursday. At midday, the when-issued stock was at $20.37 on the New York Stock Exchange."

In the markets, the major stock averages were trending lower recently. The Dow Jones Industrial Average was at 13,125, up 4.4 points. The Nasdaq Composite was at 2541, up 16 points, and the S&P 500 was trading at 1492, up 2.4 points.

June crude oil futures on the Nymex were higher by 7 cents a barrel, to $66.39.

Below are the complete poll results.

Date Bullish Bearish Neutral Week Ending
S&P % Change
Bullish
Sector
Bearish Sector
April
30
850
(52%)
367
(22%)
423
(26%)
Energy Equipment & Services Homebuilding
April
23
711
(61%)
221
(19%)
224
(19%)
+ 0.7% Energy Equipment & Services Homebuilding
April
16
1020
(50%)
469
(23%)
568
(28%)
+ 2.2% Precious Metals Homebuilding
April
9
505
(57%)
181
(20%)
198
(22%)
+ 0.6% Precious Metals Homebuilding

Sector Total Votes Percentage
Aerospace and Defense 62 4%
Airlines 31 2%
Automobiles 12 1%
Beverages and Food Products 48 3%
Biotechnology 105 6%
Commercial Banks 55 3%
Computers and Peripherals 38 2%
Consumer Nondurables 45 3%
Energy Equipment & Services 291 18%
HMOs and Hospitals 22 1%
Homebuilding 44 3%
Insurance 17 1%
Integrated Oil 207 13%
Internet, Software Services 50 3%
Investment Bankers and Brokers 92 6%
Media 19 1%
Multiline Retail 12 1%
Pharmaceuticals 67 4%
Precious Metals 154 9%
Semis, Semi Equipment 55 3%
Telecom Equipment 50 3%
Tobacco and Alcohol 40 2%
Utilities 62 4%
Wireless Communications 59 4%
Source: RealMoney.com

Sector Total Votes Percentage
Aerospace and Defense 22 1%
Airlines 167 10%
Automobiles 153 9%
Beverages and Food Products 11 1%
Biotechnology 32 2%
Commercial Banks 61 4%
Computers and Peripherals 37 2%
Consumer Nondurables 25 2%
Energy Equipment & Services 37 2%
HMOs and Hospitals 23 1%
Homebuilding 403 25%
Insurance 14 1%
Integrated Oil 82 5%
Internet, Software Services 58 4%
Investment Bankers and Brokers 44 3%
Media 38 2%
Multiline Retail 49 3%
Pharmaceuticals 45 3%
Precious Metals 90 6%
Semis, Semi Equipment 71 4%
Telecom Equipment 41 3%
Tobacco and Alcohol 33 2%
Utilities 55 3%
Wireless Communications 35 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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