The following commment was supplied to me by Bill Keller at Channel Trend. I asked for a quick overview via email. You will notice this is not an indepth research report, it is not an offer to buy or sell stocks, and it is strictly informational. If you have questions you can contact Channel Trend directly. The following is a synopsis of the email I received from Bill.

While we have increased our stock allocation it looks like, if stocks go up, they are going to run into difficulty around the mid to upper 1100's on the S&P. But today, given Cash, Bonds, and Stocks as primary asset classes we favor stocks. Most economic sectors have some attractively ranked stocks. Since the market is currently rewarding low risk as opposed to high risk (except for last week) we would rather buy low risk stocks. Here are a couple of low risk (company and stock risk not necessarily price risk) stocks in some different sectors.