Info!! Sector Update For December 27Th

Last week's sector review establish that nearly sectors were inward a neutral trending mode, amongst fiscal shares weakest in addition to wellness attention issues strongest inward relative terms. As of Friday's close, here's how the Technical Strength readings look:

MATERIALS: -300 (36%)
INDUSTRIAL: -200 (66%)
CONSUMER DISCRETIONARY: +20 (43%)
CONSUMER STAPLES: 0 (61%)
ENERGY: -100 (20%)
HEALTH CARE: +180 (73%)
FINANCIAL: -380 (33%)
TECHNOLOGY: -200 (49%)

The sectors, every bit a whole, are displaying a little downtrend, amongst materials shares responding to commodity weakness in addition to fiscal issues specially weak. Technology in addition to industrial stocks are weaker than they were final week; interestingly, release energy shares convey held upward relatively good despite weakness inward the cost of unsmooth crude over the past times week.

The percentages of stocks inside the sectors that unopen on Fri to a higher house their 20-day moving averages are inward parentheses, every bit reported past times the first-class Decision Point site. This gives us a somewhat longer-term expect at sector forcefulness in addition to weakness. Clearly, the commodity weakness is weighing on the release energy in addition to materials sectors; financials are too quite weak. Health attention shares, somewhat recession resistant, piece of job out along to atomic number 82 the pack.

Thus far, the sector readings are consistent amongst the arrive at saltation marketplace weather condition we've seen over the past times several weeks. Active traders: complaint that I update tendency numbers each morn earlier trading days via the Twitter app; subscription is free.
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