The bulls are showing no signs of letting up in the new year, as they notched their 12th straight victory in TheStreet.com RealMoney Barometer survey.

Of the 1,005 votes cast, bulls got 543 votes, or 54%, while the bears could muster only 186 votes, or 18%. Neutral finished with 276 votes, or 27%.

In the sectors, precious metals was tapped as most likely to rise, which is rather incongruous considering the confidence in the stock market and the performance of stocks lately.

Homebuilding, as it has mostly been for months now, was seen as most likely to decline.

And in the first day of trading for 2007, the stock market got off to a partying start. The Dow Jones Industrial Average was at 12,526.03, up 63 points; the Nasdaq Composite was higher by 23 points, to 2438; and the S&P 500 was up 3.83 points, to 1422 -- all off their earlier highs.

This is a rare three-day trading week. The markets were closed Monday for New Year's Day and on Tuesday for the funeral of former President Gerald Ford.

The Nasdaq and the NYSE were closed for four consecutive days for the first time since the Sept. 11, 2001, terrorist attacks.

Crude oil futures were off $2.55 a barrel, to $58.50.

In one of the top stories of the day, Home Depot ( HD) ousted CEO Bob Nardelli. As TSC's Matt Goldstein reported: "Ending months of tumult at the Atlanta-based home-improvement retailer, Home Depot's board generously handed Nardelli $210 million Wednesday to pack his bags. Wall Street applauded, sending shares up 4% in midday trading.

"The move comes less than a month after a big shareholder, riled by Nardelli's hefty pay and the stock's long stupor, threatened to start a proxy fight if Home Depot's board didn't agree to review its strategy and corporate governance. The company agreed to a meeting but pledged to stay its charted course."

Below are the complete poll results.

Date Bullish Bearish Neutral Week Ending
S&P % Change
Bullish
Sector
Bearish Sector
Jan. 3 543 (54%) 186 (18%) 276 (27%) Precious Metals Homebuilding
Dec. 26 194 (37%) 179 (34%) 156 (29%) + 0.5% Precious Metals Homebuilding
Dec. 18 405 (61%) 114 (17%) 145 (22%) - 1.1% Integrated Oil Homebuilding
Dec. 12 874 (54%) 307 (19%) 438 (27%) + 1.2% Investment Bankers and Brokers Homebuilding

Sector Total Votes Percentage
Aerospace and Defense 32 3%
Airlines 26 3%
Automobiles 14 1%
Beverages and Food Products 16 2%
Biotechnology 61 6%
Commercial Banks 44 4%
Computers and Peripherals 54 5%
Consumer Nondurables 27 3%
Energy Equipment & Services 92 9%
HMOs and Hospitals 19 2%
Homebuilding 32 3%
Insurance 23 2%
Integrated Oil 67 7%
Internet, Software Services 71 7%
Investment Bankers and Brokers 66 7%
Media 18 2%
Multiline Retail 16 2%
Pharmaceuticals 37 4%
Precious Metals 101 10%
Semis, Semi Equipment 64 6%
Telecom Equipment 37 4%
Tobacco and Alcohol 31 3%
Utilities 29 3%
Wireless Communications 26 3%
Source: RealMoney.com

Sector Total Votes Percentage
Aerospace and Defense 9 1%
Airlines 56 6%
Automobiles 111 11%
Beverages and Food Products 21 2%
Biotechnology 13 1%
Commercial Banks 17 2%
Computers and Peripherals 26 3%
Consumer Nondurables 20 2%
Energy Equipment & Services 45 4%
HMOs and Hospitals 15 1%
Homebuilding 163 16%
Insurance 9 1%
Integrated Oil 86 9%
Internet, Software Services 19 2%
Investment Bankers and Brokers 25 2%
Media 27 3%
Multiline Retail 76 8%
Pharmaceuticals 65 6%
Precious Metals 58 6%
Semis, Semi Equipment 34 3%
Telecom Equipment 19 2%
Tobacco and Alcohol 30 3%
Utilities 41 4%
Wireless Communications 15 1%
Source: RealMoney.com
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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