Weekly Sector Snapshot

A weekly recap of the S&P sectors for the week ending 2.6.15

What a difference a week makes, after a 2.8% loss the previous week, the S&P 500 rallied 3% for the week ending 2.6.15. With the exception of Utilities, all sectors traded higher on the week.

  • Weekly Sector Leaders: Telecom, Energy, Financials, Materials
  • Weekly Sector Laggards: Utilities, Healthcare, Staples

On a relative basis, the “risk-on” sectors like Discretionary, Materials, and Energy have been displaying strong relative strength.  Utilities and Staples were among the weakest performers as Treasury yields had a massive upwards move. Seasonally, Energy and Materials are the strongest sectors in February, while Financials and Info Tech are the worst. Telecoms have taken command as the top performing sector YTD, while Financials are the weakest. 

Tom PsarofagisComment