Tuesday, May 10, 2016

Sector Analysis

Analysis showing which S&P sector ETFs are performing and which are not.



Symbol Name Short

to medium term price analysis
xly Cyclical Upward momentum still O.K.
xlk Technology Price coming of a short term bottom. Price action does not look very strong. Should take some profit (sell some).
xli Industrial Loosing some upward strength. Still O.K.. Do not add new money.
xlb Material Loosing some upward strength. Still O.K.. Do not add new money.
xle Energy Loosing some upward strength. Still O.K.. Do not add new money.
xlp Consumer Staples Upward momentum strong. Turned up after 4/29/16.
xlv Health Loosing some upward strength. Still O.K..
xlu Utilities Weak upward momentum. Price moving sideways.
xlf Financial Upward momentum still O.K.

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