Bulls Take Poll Again

Bullishness is in the air as demonstrated by TheStreet.com RealMoney Barometer survey.

For the second straight week, the bulls took the poll, this time capturing 46%, or 2,101 of the 4,649 votes cast. The bears got 1,568, or 34%, while neutral came in with 980, or 21%.

For the second week in a row, commercial banks was picked as the sector most likely to rise and to fall.

The bullish outlook wasn't coinciding with the market action Tuesday, the last day of the second quarter.

The Dow Jones Industrial Average was down 110 points, the Nasdaq Composite was lower by 15 points and the S&P 500 was down 12.

Below are the complete poll results.

Date	Bullish	Bearish	Neutral	Week Ending S&P % Change	Bullish Sector	Bearish Sector
June 22	2,101 (45%)	1,568 (34%)	980 (21%)		Commercial Banks	Commercial Banks
June 22	2,182 (46%)	1,612 (34%)	955 (20%)	-0.1	Commercial Banks	Commercial Banks
June 15	2,723 (40%)	2,764 (41%)	1,266 (19%)	-2.7%	Integrated Oil	Commercial Banks
June 8	1,376 (45%)	1,039 (34%)	640 (21%)	+0.7	Precious Metals	Commercial Banks
May 26	1,146 (39%)	1,247 (42%)	566 (19%)	+2.3	Precious Metals	Commercial Banks

 

Sector	Total Votes	Percentage
Aerospace and Defense	90	2%
Airlines	91	2%
Automobiles	85	2%
Beverages and Food Products	114	2%
Biotechnology	199	4%
Commercial Banks	873	19%
Computers and Peripherals	132	3%
Consumer Nondurables	81	2%
Energy Equipment & Services	400	9%
HMOs and Hospitals	74	2%
Homebuilding	146	3%
Insurance	72	2%
Integrated Oil	346	7%
Internet, Software Services	173	4%
Investment Bankers and Brokers	251	5%
Media	45	1%
Multiline Retail	42	1%
Pharmaceuticals	255	6%
Precious Metals	457	10%
Semis, Semi Equipment	109	2%
Telecom Equipment	97	2%
Tobacco and Alcohol	99	2%
Utilities	227	5%
Wireless Communications	175	4%
Total	4,636	100%

 

Sector	Total Votes	Percentage
Aerospace and Defense	137	3%%
Airlines	382	8%
Automobiles	279	6%
Beverages and Food Products	58	1%
Biotechnology	73	2%
Commercial Banks	583	13%
Computers and Peripherals	70	2%
Consumer Nondurables	106	2%
Energy Equipment & Services	218	5%
HMOs and Hospitals	189	4%
Homebuilding	277	6%
Insurance	102	2%
Integrated Oil	465	10%
Internet, Software Services	60	1%
Investment Bankers and Brokers	257	6%
Media	89	2%
Multiline Retail	152	3%
Pharmaceuticals	182	4%
Precious Metals	351	8%
Semis, Semi Equipment	53	1%
Telecom Equipment	194	4%
Tobacco and Alcohol	200	4%
Utilities	81	3%
Wireless Communications	81	2%
Total	4,628	100%