Written by Lance Roberts, Clarity Financial
Data Analysis Of The Market & Sectors For Traders
S&P 500 Tear Sheet
The “Tear Sheet” below is a “reference sheet” provide some historical context to markets, sectors, etc. and looking for deviations from historical extremes.
If you have any suggestions or additions you would like to see, send me an email.
Sector Analysis
Comments
Please see the main body of the missive above for a sector-by-sector analysis.
However, I will update the sector rotation model from last week.
The rotation is now happening.
Pay attention. These rotations usually are early indicators of a “risk off” transition.
This rotation is likely very early in its movement. As I have been pointing out over the last several weeks, the bifurcation of “risk” vs. “safety” was pushing extremes. Historically, the rotation from “risk on” to “risk off” has generally not been a smooth one.
Everything is currently pointing to this being a very late stage advance, so profit taking, hedging, and rebalancing remains strongly advised.
