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[TTHQ Staff]

SectorVue weekend comments for Monday May 3rd , 2010 Derby Dream Bet The Dow Jones closed down 195 points and the Nasdaq 100 NDX finished down 54 points for the first down week in months. The Russell RUT index is the leader of the pack and is up or down the most on up and down days. Sector Action for last week was minus 1933 with 3 Sectors up and 32 down. The Market Barometer is still on a Sell signal after peaking on April 14th but has not entered bearish territory yet. (see graph on page 4) Rydex Alerts- back in Bearish Russell at Rydex after flipping in the sell-off and bounce last week. Short term Trading indicators- also flip flopping daily Market Breadth - Cumulative Market Breadth is flirting with a Sell but has not changed overall direction yet. INTERMEDIATE TERM TRENDS- Bullish. INTERMEDIATE OSCILLATOR - Overbought Sell April 15th Stock market returns can be nice but none are greater than the gentleman who won the Derby Dream Bet putting $100,000 on the eventual winner, Super Saver, and cashing in on the 9:1 bet. If you had a crystal ball it would always be better to win the Lottery or horse race than to pick the winning stock. Housing HGX- top ranked as home builder stocks react to stellar new home sales reports. Some like Hovnanian HOV are breaking out while NVR is very tradeable. Suppliers like Weyerhaeuser WY and Masco MAS look good on this pullback. Gold XAU- Up the most in overall rank partly due to Greece debt concerns and the ability of the EU to stay together. Beyond that there appears to be a persistent bid in the metal itself as an alternative currency to the US dollar. We own Kinross KGC and Nemont NEM. Banks BKX- taking a rest after surging to highs in recent weeks. BAC and JPMorgan JPM are indicative of the entire Sector. Ultra ETF’s- Getting back into some back and forth trading zones for SSO and TWM. Bullish Financial FAS has been particularly volatile the last few weeks as Goldman GS stock hits the bumps. Oil Service OSX - fell in price and rank as drilling was suspended due to the Gulf rig disaster. Overall we still run on oil and the rigs will be in operation somewhere in the World perhaps with higher day rates due to increased safety measures. Looking for a buy in this sector this week. SectorVue and Rydex alerts are for educational purposes only and do not constitute 'investment advice'. No representation is made that strategies will produce a profit. There is risk of loss in all trading. SUBSCRIPTION INFO A sample copy of the entire SectorVue newsletter via email may be obtained emailing sectorvue@gmail.com. Requests for a sample newsletters must include full name and voice phone number. We do not share information with anyone. Subscriptions are $500 per quarter for individuals $1000 per quarter for professionals. Rydex alerts priced separately. This report is for educational purposes only and does not constitute "investment advice".