As the market has shown renewed strength, Technology and Energy have been leaders. Apple (AAPL) gave a stellar earnings report and hit another record high. IBM (IBM) also chipped in this week with a great report. However, Yahoo! Read more about Sector Detector: Market Raises its Glass to Apple and “Gang of 6”

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Read more about Sector Detector: No Leadership and No Traction

Utilities and Healthcare are trying to hold up the market this week as Financial, Industrial, Basic Materials, and Technology have led the way down. There appears to be little optimism for the banks, given the worsening housing market and imminent end of QE2 (no more free money). Ciena (CIEN) and SINA (SINA) were big losers in Tech-land today. But it is beaten-down Technology that is rising in Sabrient’s SectorCast rankings.  Read more about Sector Detector: Technology might lead a reversal

Read more about Sector Detector: Financials are a drag

Basic Materials and Energy have been the leading sectors so far this week, as the overall market continues to seek support, as well as leadership for moving higher. But the dollar seems determined to spoil the party. Read more about Sector Detector: Stocks spar with the dollar

Basic Materials and Energy sectors returned to a leadership role today as the stock market looked to bounce from its recent doldrums. Both sectors advanced about 2%. However, it is Healthcare that has remained consistently strong. And in fact, it is Healthcare that has maintained a steadily strong score in Sabrient’s quantitative SectorCast model. Read more about Sector Detector: Basic Materials Looks Ready to Rumble