A little more slippage in the sector SPDRs this week, but the charts don’t look like they’ve suffered much serious damage yet — only the Energies and Utilities below the 50-day:
The numbers heading into another Fed week:
| Sector | Symbol | 8 Wk % Chg | 4 Wk % Chg | 1 Wk % Chg | YTD % Chg |
|---|---|---|---|---|---|
| Industrials | XLI | +4.3% | -0.5% | -1.0% | +31.3% |
| Consumer Discretionary | XLY | +4.0% | -0.7% | -1.0% | +35.9% |
| Technology | XLK | +3.0% | -0.2% | -1.8% | +18.6% |
| Health Care | XLV | +2.4% | -0.9% | -2.5% | +34.9% |
| Consumer Staples | XLP | +1.9% | -2.4% | -2.0% | +21.1% |
| Basic Materials | XLB | +1.0% | -2.1% | -0.5% | +17.2% |
| Financials | XLF | +1.0% | -0.1% | -1.4% | +28.8% |
| Energy | XLE | -2.1% | -2.9% | -1.5% | +19.2% |
| Utilities | XLU | -2.4% | -4.7% | -2.4% | +7.4% |
Charts courtesy of StockCharts.com
A Bit More Bull 