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 highlights the percentage of stocks in each S&P 500 sector that are trading above their 50-day moving averages.  As shown, breadth for the S&P 500 remains below 50% with 45% of stocks in the index currently above their 50-DMAs.  Unfortunately, the key cyclical sectors of the market like Industrials, Consumer Discretionary, Technology, and Financials all have readings below 45%.

To find out what this means and 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.