This column was originally published on RealMoney on July 18 at 12:00 p.m. EDT. It's being republished as a bonus for TheStreet.com readers.My mom told me it's best to keep your mouth shut when you don't have anything nice to say. This puts me in a tight spot because almost nothing nice has been happening with equities in the last few months. But I'll do my best and focus today's column on a handful of positives in this beaten-down market. There are a few sectors that have swum against the tide of the current decline, closing out last week on the plus side. Perhaps these unconventional issues offer a glimpse of the future, or at least show us a relatively safe place to risk our hard-earned capital. A scant eight out of the 239 market groups I follow closed in the green last week. Oil and gas stocks gained a tad over 2%. I looked at these stocks
Fun and GamesThe multimedia and gaming sector sits at the top of last week's gainers list after a two-day rally driven by mediocre monthly sales numbers. Regular readers know that video gaming isn't one of my favorite sectors these days. In
Picture of HealthHealth plan stocks also avoided the brunt of recent selling pressure. In fact, the group has been perking up for some time now. This isn't a surprise given its reputation as a safe haven during downturns and recessionary periods. So should investors consider new positions in the sector right now? This is a small market group with only 16 components. The stocks show great variation in performance, with a few issues like UnitedHealth Group ( UNH) trading near 52-week lows, while a handful are pressing up to new highs. The best approach is to stick with the strong names and don't try to bottom-pick.
Strong MedicineDrugstores are a small subsector in the vast retail universe, but the group's closing higher last week deserves an honorable mention. There are just six stocks in this small corner of the market and it's clear from looking at last week's numbers that a single issue, CVS ( CVS), overcame gravity's pull on the other five.
It's always been my opinion that it pays to have more -- not fewer -- expert market views and analyses when you're making investing or trading decisions. That's why I recommend you take advantage of our free trial offer to TheStreet.com's RealMoney premium Web site, where you'll get in-depth commentary and money-making strategies from over 50 Wall Street pros, including Jim Cramer. Take my advice -- try it now.