Innovation Update

Bulls Take Poll Again

Stock quotes in this article: ^DJI , ^IXIC , ^GSPC  

The bulls are building a new streak in TheStreet.com RealMoney barometer poll, notching their second straight victory.

The bulls got 2,093, or 47% of the 4,524 votes cast. The bears got 1,447, or 33%, while neutral came in with 20%, or 984 votes.

For the fourth straight week now, commercial banks has been picked as the sector most likely to rise and to fall.

Although stocks finished moderately lower on Monday, in the month of August the Dow Jones Industrial Average gained 3.5%, the S&P 500 added 3.4%, and the Nasdaq Composite rose 1.5%.

Below are the complete poll results.

Date Bullish Bearish Neutral Week Ending
S&P % Change
Bullish
Sector
Bearish
Sector
Aug. 31 2,093
(47%)
1,447
(33%)
984
(20%)
Commercial Banks Commercial Banks
Aug. 24 2,949
(52%)
1,697
(30%)
984
(17%)
+0.3% Commercial Banks Commercial Banks
Aug. 17 880
(38%)
1,002
(44%)
406
(18%)
+2.2% Commercial Banks Commercial Banks
Aug. 10 1,328
(53%)
724
(29%)
432
(17%)
+2.3% Commercial Banks Commercial Banks
Aug. 3 547
(48%)
296
(26%)
303
(26%)
+2.3% Automobiles Commercial Banks

Sector Total Votes Percentage
Aerospace and Defense 85 2%
Airlines 270 6%
Automobiles 336 8%
Beverages and Food Products 67 2%
Biotechnology 47 1%
Commercial Banks 725 16%
Computers and Peripherals 57 1%
Consumer Nondurables 113 3%
Energy Equipment & Services 180 4%
HMOs and Hospitals 187 4%
Homebuilding 240 5%
Insurance 139 3%
Integrated Oil 377 9%
Internet, Software Services 49 1%
Investment Bankers and Brokers 275 6%
Media 143 3%
Multiline Retail 139 3%
Pharmaceuticals 156 4%
Precious Metals 306 7%
Semis, Semi Equipment 60 1%
Telecom Equipment 70 2%
Tobacco and Alcohol 127 3%
Utilities 154 4%
Wireless Communications 85 2%
Total 4398 100%

Sector Total Votes Percentage
Aerospace and Defense 108 2%
Airlines 58 1%
Automobiles 140 3%
Beverages and Food Products 93 2%
Biotechnology 180 4%
Commercial Banks 919 21%
Computers and Peripherals 194 4%
Consumer Nondurables 70 2%
Energy Equipment & Services 228 5%
HMOs and Hospitals 89 2%
Homebuilding 233 5%
Insurance 196 4%
Integrated Oil 226 5%
Internet, Software Services 94 2%
Investment Bankers and Brokers 325 7%
Media 26 1%
Multiline Retail 44 1%
Pharmaceuticals 230 5%
Precious Metals 410 9%
Semis, Semi Equipment 117 3%
Telecom Equipment 81 2%
Tobacco and Alcohol 81 2%
Utilities 141 3%
Wireless Communications 113 3%
Total 4405 100%
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