US Sectors - Percent of Stocks Above their 150 Day Moving Average
Below is the Percent of Stocks Above their 150 Day Moving Average table in each sector, which is ordered by overall health. Also attached is the visual diagram of the 9 sectors and the two major exchanges that make up the sectors that shows a snapshot of the overall health of the US market.
Note: the overall sector average is at 38.66%Â currently and declined -4.27% since last week, with the largest sector Financials having the biggest declines. So, with the sector average now below 40%, the sector breadth is now in Stage 3- or Stage 4 territory by the numbers, even if the index charts don't show it. So risk management is key, and only trade longs that have A+ criteria and low risk entry points.
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Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.