Below are relative strength charts for the ten S&P 500 sectors that we feature as part of our weekly Sector Snapshot over at Bespoke Premium. For each sector, a rising line indicates that it is outperforming the S&P 500, while a falling line means it's underperforming.
We've seen some notable shifts in sector performance over the last few weeks. As shown below, Consumer Discretionary has really taken a hit and begun to underperform after outperforming the broad market for quite some time. Consumer Staples and Energy have been and continue to underperform significantly, and the same goes for Telecom and Utilities.
On the flip side, the Financial sector has picked up against the S&P as a whole over the last few months, while Technology has been outperforming since bottoming out in the middle of 2013. Industrials has been outperforming since the start of the second quarter last year, and finally, Health Care -- which has been outperforming for a year now -- has seen another big jump to start off the new year.