Sector ETF Week In Review For July 1-5
- The performance was split between defensive and aggressive sectors on the weekly chart.
- Performance is more mixed during the last month and the past three months.
- Defensive sectors have strong charts in multiple time frames.
Let’s start with the performance charts, beginning with the last five days (which will include the end of the preceding week):
9/10 industry groups advanced – energy was the only sector to decline. The top four spots are evenly split between aggressive and defensive industries. Real estate and technology occupy the top two spots; the performance difference is negligible. Staples and discretionary account for number three and four respectively. Like the top two spots, the performance difference is fractional. The middle section is also split between aggressive and defensive industries.