Don't Ignore This Chart

A Good Year for Healthcare, Staples and Technology

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2015 has been about as mixed as a market can get. This split market can be seen by looking at two versions of the S&P 500. The Large-cap S&P 500 SPDR (SPY) is up around 2.5% over the past year and the Equal-weight S&P 500 ETF (RSP) is down around 1.5%. This split continues when we look at the nine sector SPDRs and nine equal-weight sectors. Six of nine equal-weight sector ETFs are down over the past year and five of nine sector SPDRs are down. Three sectors stand out in 2015: consumer staples, healthcare and technology. These three stand out because both the large-cap SPDR and equal-weight ETF are up. This indicates broad strength throughout the sector. For example, notice that the EW Healthcare ETF (RYH) is up around 8.5% over the past year and the HealthCare SPDR (XLV) is up around 7.17%. Energy was by far the weakest sector with the Energy SPDR (XLE) falling over 20% and the EW Energy ETF (RYE) falling around 30%. 

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Thanks for tuning in and have a good day!
--Arthur Hill CMT

Plan your Trade and Trade your Plan
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Arthur Hill
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com. He has written articles for numerous financial publications including Barrons and Stocks & Commodities magazine. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed technician. In addition to his CMT designation, Arthur holds an MBA from the Cass Business School at City University in London. Learn More
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