FYI: What's been doing well in this market? Everything but Energy. The #EBE tagline is highlighted below. In the chart, we show the percentage of stocks in each sector that are trading above their 50-day moving averages. As shown, seven sectors and the S&P 500 have readings above the 80% level, with Consumer Staples and Utilities both above 90%. Materials and Consumer Discretionary are both above 75%, and then you have Energy way down at 37.2%. Hey, it's better than the 0% reading Energy had for a few weeks in early October!
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/11/19/ebe.html?printerFriendly=true
