We’ve just released our weekly Sector Snapshot report (see a sample here) for Bespoke Premium and Bespoke Institutional members. Please log-in here to view the report if you’re already a member. If you’re not yet a subscriber and would like to see the report, please start a two-week free trial to Bespoke Premium now.
Below is one of the many charts included in this week’s Sector Snapshot, which is our trading range chart for S&P 500 sectors. The black vertical “N” line represents each sector’s 50-day moving average, and as shown, 7 of 10 sectors are currently above their 50-days. Health Care (XLV) continues to pull back, however, and it broke hard below its 50-day this week. Technology continues to surge, and the sector is now trading well into overbought territory.
To see our full Sector Snapshot with additional commentary plus six pages of charts that include analysis of valuations, breadth, technicals, and relative strength, start a two-week free trial to our Bespoke Premium package now. Here’s a breakdown of the products you’ll receive.