US Industry Sectors Breadth
It was a very mixed week for the major sectors, with only minor moves up or down. None of which changed the status of any of the sectors overall.
Consumer Staples switched places with Financials to move to the top of the relative strength table with 82.63% of Consumer Staples stocks in the US now above their 150 day moving averages. Whereas Basic Materials still occupies the bottom spot and is the only sector in bearish territory below 50% at 44.97% of Basic Materials stocks in the US above their 150 day moving averages.
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 overall NYSE Percentage of Stocks above their 150 day Moving Averages, plus the 1% P&F chart and line chart of the nine sectors.
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.