XLY and XLK show relative strength

The sector perfchart provides an easy means to identify the leaders and laggards. Even though all sectors are down over the last three weeks (since May 13), some are down more than the S&P 500 (laggards) and some are down less (leaders). It is positive to see the Consumer Discretionary SPDR (XLY) and Technology SPDR (XLK) holding up better than the S&P 500. Finance and industrials remain a drag though.

100604spdrperf

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