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This was not a good week for stocks.  Take a look at the chart below I pulled to illustrate the point.


It was mildly surprising to me to see the financials leading the way down, but not so surprising to see people selling utilities the least.  But they did sell the Utes (as the traderes call them) so that speaks to the idea of not looking to some other sector for safe haven.

Its month end, and we have a long weekend coming up, so I want to take this chance to look forward a little.  

Which sector do you think will be the best performer at the end of September? Why?

Keep in mind we have a big Fed meeting on the 17th and 18th.... if that might sway you!

Join in the discussion below!

Zacks Releases Their 7 Best Stocks for May, 2014

These 7 were hand-picked from the list of 220 Zacks Rank #1 Strong Buys with earnings estimate revisions that are sweeping upward. Their stock prices are expected to rise sooner than the others.

Today, this Special Report is available to new Zacks.com visitors free of charge.

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Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%