US Industry Sectors Breadth
Below is the data table for the Percent of Stocks Above 150 Day Moving Average in each sector which I've ordered by relative strength, with the highest to the lowest percentage in each sector. Also attached is the visual diagram of the 9 sectors and the NYSE Percentage of Stocks above their 150 day Moving Averages line chart.
Note: The Basic Materials sector made a strong breakout after consolidating around the key 30% level for a few months, and so the sector has given a buy signal, and moves to Bull Confirmed status for the first time since early in 2014.
Another important move this week was that the largest sector - Financials, had a very strong move and reclaimed the 70% level. Which put it back above Utilities at the top of the relative performance table, which is another positive sign as you don't want to see defensive stocks leading.
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.