US Sectors Nov 29
11/30/2010 0 comments
US sectors provide insight into the parts of the US economy that are flourishing or floundering. We are tracking the ETF's that represent ten different financial sectors.
More details are available on the MyPlanIQ website.
|
Description |
Symbol |
Nov 22 Trend Score |
Direction |
Nov 15 Trend Score |
|
Energy |
XLE |
13.12% |
^ |
10.06% |
|
Consumer Discretionary |
XLY |
12.95% |
^ |
11.04% |
|
Telecom |
IYZ |
10.57% |
^ |
9.77% |
|
Industries |
XLI |
10.05% |
^ |
6.94% |
|
Materials |
XLB |
9.88% |
^ |
9.14% |
|
Technology |
XLK |
8.46% |
^ |
6.92% |
|
Consumer Staples |
XLP |
5.68% |
^ |
4.74% |
|
Healthcare |
XLV |
4.42% |
^ |
3.16% |
|
Utilities |
XLU |
4.24% |
^ |
3.26% |
|
Financial |
XLF |
2.40% |
^ |
1.24% |
All the sectors are up showing a good rebound from last week. It's not clear that there are any real indicators for the whole market is this is the counter reaction to the drop of last week.
Top Three
The top three remain unchanged except that XLE and XLY change places. There is still a mild downward trend that we will watch for next week.
The weather continues to be cold across most of the northern hemisphere leading to likely rise in energy stocks.
Black Friday (even Thursday) will give some hint as to whether consumer goods are going to have a good holiday season.
Telecom stocks are also likely to be heavily influenced by whether or not cell phones and cell plans are going to be on people's gift lists.
Bottom Three
The healthcare, utilities and financial sectors remain at the bottom of the list.
Health care remains a major political and financial issue - healthcare reform and patent portfolios are under the microscope -- there is an uptick this week but the sector remains under scrutiny.
There is little change in utilities and the financial sector continues to be under pressure.
labels:investment,
Symbols:XLY,IYZ,XLI,XLB,XLK,XLE,XLF,XLP,XLU,XLV,SPY,QQQQ,IWM,MDY,EFA,VEU,EEM,VWO,IYR,ICF,VNQ,GSG,DBC,DBA,USO,LQD,CSJ,CIU,HYG,JNK,PHB,TLT,IEF,SHY,SHV,BND,AGG,MUB,MBB,
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