Each weekend as part of our Bespoke Premium and Institutional research service, clients receive our S&P 500 Quick-View Chart Book, which includes one-year price charts of every stock in the S&P 500. You can literally scan through this report in a matter of minutes or hours, but either way, you will come out ahead knowing which stocks, or groups of stocks, are leading and lagging the market. The report is a great resource for both traders and investors alike. Below we show the front page of this week’s report which contains price charts of the major averages and ten major sectors.
For each of the major averages, it’s been a week of consolidation as in most cases, the big rebound off the early February lows has stalled out right around the 50-day moving averages. With the major averages stuck in the middle of a no-man’s land, the number of 52-week highs and lows has declined. As shown below, not a single major index or sector hit a high or a low this week, and in terms of individual stocks, there were just 39 new highs and 13 new lows.
To view our entire S&P 500 Chart Book, sign up for a 14-day free trial to our Bespoke Premium research service.