[isatrader]

I've manually gone through the S&P 500 charts of the four sectors with a negative Mansfield Relative Strength reading this week from the sector update in the main Stage Analysis thread. The four sectors with negative relative strength readings were Basic Materials, Technology, Consumer Staples and Utilities. And I've picked out a number of Stage 4 stocks that look interesting to me for the watchlist: AA, BRCM, CTL, IBM, SO and PM.

Basic Materials

   

Technology

BRCM has already fallen a long way in a short time, but it was from a big two year range, so could present a chance to short on a pullback towards resistance possibly.

       

Consumer Staples

   

Utilities