Defensive sectors are still leading, although not improving.

We looked at this recently to see what is occurring on a more detailed level. Not much has changed over the past few weeks. This is a total of 12 weeks of data.

KEY:

• S5COND – S&P 500 CONS DISCRET IDX
• S5CONS – S&P 500 CONS STAPLES IDX
• S5ENRS – S&P 500 ENERGY INDEX
• S5FINL – S&P 500 FINANCIALS INDEX
• S5HLTH – S&P 500 HEALTH CARE IDX
• S5INDU – S&P 500 INDUSTRIALS IDX
• S5INFT -S&P 500 INFO TECH INDEX
• S5MATR – S&P 500 MATERIALS INDEX
• S5TELS – S&P 500 TELECOM SERV IDX
• S5UTIL – S&P 500 UTILITIES INDEX