FYI: Below is one of the many charts included in this week’s Sector Snapshot, which highlights the percentage of stocks in each sector trading above their 50-day moving averages. This is a sector breadth measure we like to use to check up on the underlying health of the market. While the Financial sector currently has the strongest breadth with 93.5% of its stocks trading above their 50-days, the Technology sector now ranks second at 86.6%. Prior to this week, the Tech sector had been lagging since the election, but it has made a nice comeback recently.
Regards,
Ted
https://www.bespokepremium.com/sector-snapshot/bespokes-sector-snapshot-121516/
