Below are relative strength charts for the ten S&P 500 sectors that we feature as part of our weekly Sector Snapshot over at Bespoke Premium. For each sector, a rising line indicates that it is outperforming the S&P 500, while a falling line means it's underperforming.
We've seen some notable shifts in sector performance over the last few weeks. As shown below, Consumer Discretionary has really taken a hit and begun to underperform after outperforming the broad market for quite some time. Consumer Staples and Energy have been and continue to underperform significantly, and the same goes for Telecom and Utilities....MORE
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