Energy Goes from Leader to Laggard $XLE

The Energy SPDR (XLE) is still one of the leading sectors in 2011, but the ETF has started showing relative weakness over the last 30 trading days. The PerfChart below shows XLE as the weakest of the nine sectors since March 25th. All sectors are up, but XLE is down almost 5%. Notice that the three defensive sectors are leading sine March 25th.

110509perf


Click this image for a live chart

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