Thursday, February 13, 2014

Overbought/Oversold Sectors of the S&P

These moves are very fast e.g. look at the one week move in tech.
From Bespoke Investment Group:
S&P 500 Sector Trading Range Screen
Below is an updated look at our trading range screen for the S&P 500 and its ten sectors.  For each sector, the dot represents where it is currently trading, while the tail end is where it was one week ago.  The black vertical "N" line represents each sector's 50-day moving average, so you can easily see which sectors have moved back above their 50-days, and which ones have yet to do so....MORE