A lot of improvement this week in the sectors, but can it last?   

Considering the last sector update was on November 15th, things are much improved overall, but the market and related sectors as a whole are by no means out of the woods here. Stocks could certainly lose the current momentum next week and the G20 Summit will certainly be key to sustaining that market’s good vibes right now. When you look at the sectors, you still see the more defensive ones leading the way higher, with Healthcare being the one outlier. Energy has still made the least amount of progress of all the sectors, and while Discretionary is still listed near the bottom, they are showing some promising signs and recovering off of its lows, as is Technology. 

Here’s what I see as the top 3 sectors right now:

  1. Healthcare
  2. Utilities
  3. Staples

The 3 worst sectors are:

  1. Energy
  2. Materials
  3. Discretionary

Let’s review the sectors:

Basic Materials (XLB)

xlb 3

Energy (XLE)

xle 3

Financials (XLF) 

xlf 3

Industrials (XLI)

xli 3

Technology (XLK)

xlk 3

Consumer Staples (XLP)

xlp 3

Utilities (XLU)

xlu 3

Health Care (XLV)

xlv 3

Consumer Disretionary (XLY)

xly 3