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U.S. sectors provide insight into the parts of the US economy that are flourishing or floundering. We are tracking the ETFs that represent ten different financial sectors.

More details are available on the MyPlanIQ website.

Assets Class

Symbols

11/26
Trend
Score

11/19
Trend
Score

Direction

Consumer Discretionary

XLY

12.63%

12.95%

v

Energy

XLE

10.9%

13.12%

v

Industries

XLI

10.06%

10.05%

^

Telecom

IYZ

8.91%

10.57%

v

Technology

XLK

8.16%

8.46%

v

Materials

XLB

7.88%

9.88%

v

Consumer Staples

XLP

4.76%

5.68%

v

Utilities

XLU

2.82%

4.24%

v

Healthcare

XLV

2.75%

4.42%

v

Financial

XLF

0.22%

2.4%

v


All the sectors finished lower for the week ended on 11/26, with the broad markets and blue chip index underperforming, as market participants worried the debt crisis would keep spreading in the euro zone, while military tensions escalated in the Korean peninsula.


Top Three Indicators
(click to enlarge)

Consumer discretionary, energy, and industrials were the best performing sectors based on the trend score, but they all exhibited weakness with the energy sector posting the sharpest decline. Crude oil prices fell on Dollar strength and on concern over the debt crisis contagion to other European countries and inflation fighting measures in China would hamper economic recovery.

Economic sensitive sectors such as consumer discretionary and industrials continued their downward trends on speculation the weakness in the labor market will hinder economic growth.

Bottom Three Indicators
(click to enlarge)


The healthcare, utilities and financials sectors remain at the bottom of the list.

Financials remained under severe pressure. A study by Barclays Capital said that the introduction of the Basel III global banking regulations could cause a shortfall of equity capital of between $100 billion and $150 billion in the top 35 U.S. banks. The Basel III reforms aim to increase the resilience of the global banking system by introducing a set of capital buffers, as well as more stringent capital and liquidity requirements.

Disclosure: No positions

Source: Broad-Based Weakness Across U.S. Sectors