Weekend Sector Scan
The picture of the Sector SPDRs continues to evolve in bearish fashion.
The sectors now holding up the best are the so-called “defensive” areas — staples, health care and utilities:
The others have all turned lower, with the industrials, materials and energies sagging the worst:
The numbers as we work our way into earnings season:
| Sector | Symbol | 8 Week % Chg. | 4 Week % Chg. | 1 Week % Chg. | YTD % Chg. |
|---|---|---|---|---|---|
| Technology | XLK | +4.3 | -4.6 | -1.7 | +13.8 |
| Utilities | XLU | +3.7 | -4.5 | -1.9 | -7.3 |
| Consumer Staples | XLP | +2.3 | -2.7 | 0.0 | -4.1 |
| Health Care | XLV | +1.2 | 0.0 | -0.4 | -3.4 |
| Consumer Discretionary | XLY | -0.1 | -7.4 | -0.9 | +2.5 |
| Financials | XLF | -3.7 | -11.1 | -3.2 | -11.3 |
| Industrials | XLI | -5.0 | -12.2 | -3.0 | -11.5 |
| Basic Materials | XLB | -5.9 | -13.2 | -3.3 | +6.9 |
| Energy | XLE | -6.9 | -16.5 | -3.2 | -6.5 |
Charts courtesy of StockCharts.com
Comments »
No comments yet.
RSS feed for comments on this post.
Leave a comment
Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>