Info!! Sector Update For December 20Th

Last week's sector update flora a largely make outpouring market. As I of late posted, the bulk of stocks inwards the handbasket that I follow convey non been solidly trending higher or lower. Here's how Technical Strength breaks down, sector yesteryear sector equally of Friday's close:

MATERIALS: -80 (43%)
INDUSTRIAL: -100 (74%)
CONSUMER DISCRETIONARY: +100 (75%)
CONSUMER STAPLES: +60 (63%)
ENERGY: -140 (33%)
HEALTH CARE: +220 (78%)
FINANCIAL: -280 (57%)
TECHNOLOGY: -60 (74%)

What nosotros come across is that nigh the sectors are inwards neutral fashion (-100 to +100), alongside fiscal shares showing the greatest weakness as well as wellness assist displaying relative strength.

Next to the Technical Strength numbers (in parentheses) is the percent of stocks inwards each sector trading higher upwardly their 20-day moving averages, equally reported yesteryear Decision Point. This gives us a longer-term perspective than Technical Strength. Notice that the commodity-related sectors, materials as well as energy, are displaying relative weakness, followed yesteryear fiscal stocks. Recessionary themes drib dead on to touching on this market.

Note: For those wanting to remain on tiptop of these numbers, Technical Strength as well as percent of S&P 500 stocks higher upwardly their moving averages are updated inwards the morning, prior to trading days, via my Twitter feed (subscription is free).
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