Leading and lagging sectors during this rally

April 19, 3:19 PMPhiladelphia Personal Finance ExaminerChris Barton

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Since we have gotten to the point where the rally is beyond question ... let's take a look at what sectors have been outperforming others.  Here is the quick take:

XLB - Materials - leader - strong, at resistance

XLE - Energy - laggard - on balance volume shows stealthy strength

XLF - Financials - leader - at resistance - precarious

XLI - Industrials - leader - very strong performer

XLK - Technology - former leader now acting in-line - could be rolling over?

XLP - Consumer Staples - laggard - if market sells off, this may become a leader again however

XLU - Utilities - laggard - many reasons not to like this group

XLV - Healthcare - laggard - good deal of price resistance overhead

XLY - Consumer Discretionary - leader - price action ahead of obv - potential issue

I've added a new feature to Studentofmarkets which I think will help when I go thru an exercise like this.  I've added comments to the charts for nine different sector ETF's.  You can click on the chart to get a view of the larger chart.  I've also added a slideshow to my Examiner post.