Wednesday, April 7, 2010

Bespoke's Sector Snapshot

Bespoke's Sector Snapshot: "

Below we highlight our 6-month trading range charts for the S&P 500 and its ten sectors. The Materials sector is the most recent one to take out its prior 2010 highs. Now six of the ten sectors are trading at new bull market highs. The defensive sectors -- Health Care, Utilities, and Telecom -- are still below their prior highs, along with the Energy sector. Financials, Industrials, and Consumer Discretionary have really left their prior trading ranges behind in recent weeks, but one has to wonder how long this recent push without even a minor pullback can last.

Want more actionable advice from Bespoke? Subscribe to Bespoke Premium today.


No comments:

Post a Comment