Financials and Industrials Lead the Way Lower

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 |  Includes: AXFN, AXID, EMFN, EUFN, EXI, FAS, FAZ, FEFN, FFL, FGEM, FIL, FXO, FXR, IAI, IPF, IPN, IXG, IYF, IYG, IYJ, KBWD, KBWX, KCE, PFI, PRN, PSCF, PSCI, RGI, RWW, RYF, SEF, SIJ, SKF, UXI, UYG, VFH, VIS, XLF, XLI
by: Bespoke Investment Group

With yet another big market drop today, just 5% of stocks in the S&P 500 Financial sector and 3% of stocks in the Industrials sector are trading above their 50-day moving averages. At this rate, 0% for both sectors will be here shortly.

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