Market Sectors

Today we're showing the year to date performance of most of the various sectors that comprise the S&P 500.  REITs {up less than 2%}, Utilities {up about 3%} and telecommunications {up less than 1%} aren't shown due to space constraints.  What is shown in black above is the internet space which is a sub sector of the technology sphere.  I'm showing that to illustrate what's been red hot so far this year.  

As you can see.  Technology, consumer cyclical and healthcare are the sectors that have really shined this year.  Those three with a dose of the internet are up on average nearly 20% this year.  The rest of the sectors, including those I've listed but not shown are up on average about 2%.  This is another illustration of how narrow this market has become.  The three sectors that are outperforming comprise about 50% of the S&P 500.  Within those three sectors it's probably about 50% of the stocks that are actually carrying the load.

You can double-click on the chart to make it larger.  The chart is from Stockcharts.com, although the data inputs are mine.    

*Long in client and personal accounts in some manner most of the sectors listed or discussed above with the exception of utilities.  Positions can change at any time without notice on this blog or via any other form of electronic communication.