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 shows the percentage of stocks in S&P 500 sectors trading above their 50-day moving averages.  As shown, 67% of stocks in the broad S&P 500 are above their 50-DMAs, while six of eleven sectors have readings stronger than 67%.  Technology and Consumer Discretionary — the two best performing sectors YTD — have weakened a bit and now have lower breadth readings relative to the S&P.

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.

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