Don't Ignore This Chart!

Materials Sector Remains Strong in Market Carpet

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The S&P Sector Market Carpet provides a colorful snapshot of sector performance over a given timeframe. The screen grab below shows a 5-day Price Performance Market Carpet. Stocks in the materials sector are up an average of 1.7% the last five days (leading). Stocks in the technology are down an average of .8% (lagging).

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Announcement from the Author

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Arthur Hill
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com. 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 market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London. Learn More
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