Market Sectors 📊
SP500 ↓-2.0% | 1 out of 11 sectors up, last 10-days
The SP500 was down ↓-2.0% over the past 10-days. There isn’t much good news — 10 out of 11 major industries declined, lately. I have a feeling this is going to be a big week for the market; the SP500 is about to test its 50-day moving average.
This data shows which sectors (represented by their largest respective ETFs) have over/under performed; which sectors might be over bought 🔴 or over sold 🟢; and how their volume is trending ⬛ or 🟥.
🌎 Total Market (SPY): 10-day pullback of –2.0% and just +3.2% over 50 days—SPY’s recent drift below its short-term moving averages warns of fading upward momentum.
🖥️ Technology (VGT): Despite a strong 1-year run, VGT is down –1.9% in the last 10 days and has stalled in the $660–$680 zone, flagging a possible near-term top.
🏦 Financials (XLF): XLF slid –3.1% over 10 days and is nearly flat (+0.5%) over six months, suggesting banks are under fresh pressure from mixed earnings and sticky rates.
🛍️ Consumer Discretionary (XLY): Showing a –3.0% 10-day drop and –6.8% over six months, XLY’s short-term weakness underscores waning consumer confidence into late July.
💊 Healthcare (XLV): Deep in the red with –3.4% in 10 days and –3.4% over 50 days; XLV’s loss of support at $135 signals continued regulatory jitters.
📡 Communication Services (XLC): Down –2.3% in the past 10 days after a strong first half, XLC is flirting with its 50-day MA—watch for further pullbacks if ads slow.
🏭 Industrials (XLI): XLI has dipped –2.4% in the last 10 days despite YTD strength; a break below $145 could trigger a deeper correction.
🥫 Consumer Staples (XLP): Even defensives aren’t safe—XLP is –1.5% over 10 days and –1.3% over 50 days, undercutting its recent range around $80.
🛢️ Energy (XLE): Facing a –2.1% 10-day slide and –2.6% over 50 days, XLE’s breakdown in oil prices is squeezing energy names nearer seven-week lows.
⚒️ Materials (XLB): The worst short-term underperformer at –5.0% in 10 days and –1.6% over 50 days—XLB is testing its June low at $84.
🔌 Utilities (XLU): A modest +1.8% 10-day gain belies flattening momentum—XLU’s recent stall below $86 hints that yield-park flows may be ebbing.
🏠 Real Estate (VNQ): VNQ is –3.1% over 10 days and –1.1% over 50 days, remaining stuck near $85 as rising rates keep REIT buyers on the sidelines.
Note: This is for informational purposes only and is not intended to be personal financial advice; be cautious — there is always risk involved with financial decisions!