Financial Professionals

Market Insights

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Sector Charts

07/18/2013

As of last night, global capital markets had experienced roughly one month’s worth of frustrating trading activity, highlighted by the S&P 500® Index (SPX) declining from an all-time high of 1687.18 on May 22 to a trough of 1560.33 on June 24.

As of this morning, Q3 activity has quickly recovered all losses, with the S&P 500 (SPX), Russell 2000® (RTY), and Dow Jones Industrial Average (DJIA) at fresh historic highs. (Figures 1.1, 1.2, & 1.3)

Figure 1.1 S&P 500 (SPX) – New all-time high, July 18, 2013fig1
Source: Bloomberg

Figure 1.2 Russell 2000(RTY) – New all-time high, July 18, 2013fig2Source: Bloomberg

Figure 1.3 Dow Jones Industrial Average (INDU) – New all-time high, July 18, 2013fig3
Source: Bloomberg

Let’s take a look at some charts to view where the sector strength for the Q3 advance is coming from.

Energy (XLE)

  • Q3 +5.25%
  • YTD +15.262%
  • Above the 50-, 100-, and 200-day moving averages
  • Has not exceeded its May 22, 2013 five-year high

fig4
Source: Bloomberg

Consumer Discretionary (XLY)

  • Q3 +5.74%
  • YTD +25.487%
  • Above the 50-, 100-, and 200-day moving averages
  • Has not exceeded its July 15, 2013 all-time high

fig5
Source: Bloomberg

Consumer Staples (XLP)

  • Q3 +4.95%
  • YTD +18.86%
  • Above the 50-, 100-, and 200-day moving averages
  • Has not exceeded its May 15, 2013 all-time high

Fig6
Source: Bloomberg

Financials (XLF)

  • Q3 +5.97%
  • YTD +25.503%
  • Above the 50-, 100-, and 200-day moving averages
  • Trading today at its highest level since September 2008

 fig7
Source: Bloomberg

Technology (XLK)

  • Q3 +4.79%
  • YTD +11.161%
  • Above the 50-, 100-, and 200-day moving averages
  • Has not exceeded its May 20, 2013 12-year high

 fig8
Source: Bloomberg

Health Care (XLV)

  • Q3 +5.00%
  • YTD +25.439%
  • Above the 50-, 100-, and 200-day moving averages
  • Has not exceeded its May 22, 2013 all-time high

fig9
Source: Bloomberg

Industrials (XLI)

  • Q3 +4.90%
  • YTD +17.81%
  • Above the 50-, 100-, and 200-day moving averages
  • Trading today at an all-time high

fig10
Source: Bloomberg

Utilities (XLU)

  • Q3 +4.70%
  • YTD +12.598%
  • Above the 50-, 100-, and 200-day moving averages, however the 100-day moving average is now above the 50-day moving average, presenting a “neutral” chart formation
  • Has not exceeded its April 30, 2013 five-year high

fig11
Source: Bloomberg

Materials (XLB)

  • Q3 +4.97%
  • YTD +7.166%
  • Above the 50-, 100-, and 200-day moving averages
  • Has not exceeded its May 22, 2013 five-year high

fig12
Source: Bloomberg

 

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