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 14-day trial to Bespoke Premium now.
Below is one of the many charts included in this week’s Sector Snapshot, which shows the percentage of stocks in each sector trading above their 50-day moving averages. Overall, breadth levels are very healthy, with 75% of all S&P 500 stocks above their 50-days. Most cyclical sectors have readings even stronger than 75%, but as you’ll notice in the chart, there’s one standout on the downside — Energy.
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 14-day free trial to our Bespoke Premium package now. Here’s a breakdown of the products you’ll receive.