Medical has 107 stocks rated strong buy or buy and 149 rated strong sell or sell, this sector of 802 stocks gets an equal-weight rating. Multi-Sector Conglomerates has 18 stocks rated strong buy or buy and 2 rated strong sell or sell, this sector of50 stocks gets an equal-weight rating. Oils-Energy has 189 stocks or 33.9% rated strong sell or sell, this sector of 558 stocks gets an underweight rating. Retail-Wholesale has 265 stocks or 74.0% rated strong buy or buy, this sector of 358 stocks gets an overweight rating. On June 27 I wrote, Buy-Rated Pit Stops Along I-95, where I profiled companies that featured coffee, fast food and casual dinning on a trip between Florida and New York. Transportation has 136 stocks or 74.7% rated strong sell or sell, this sector of 182 stocks continues to have an 'avoid source of funds' rating. On June 19 I wrote Continue to Avoid Transportation Stocks and today the story remains the same.
Utilities has 194 stocks or 90.7% rated strong buy or buy, this sector of 214 stocks continues to have an overweight. In this sector I suggest a core position in the Utilities Select Sector SPDR ( XLU) ($37.16) which bottomed at $35.80 on June 21. This ETF is on the cusp of its 200-day SMA at $37.20. My weekly value level is $35.65 with monthly and semiannual pivots at $38.15 and $39.25, and semiannual and annual risky levels at $40.39, $40.51 and $43.47. At the time of publication the author held no positions in any of the stocks mentioned.Follow @SuttmeierThis article is commentary by an independent contributor, separate from TheStreet's regular news coverage.