Sector rotation: value cyclicals and banks take the lead as technology pauses
Weekly technical analysis of US and European sector rotation: energy, industrials and banks lead on sector performance while technology, communications and discretionary lag. Price action, relative strength and this week's swing trading picture.
Sector rotation: technology retreats as energy and defensives gather the flows
Weekly technical analysis of US and European sector rotation and performance: technology pulls back on both sides of the Atlantic while energy, real estate and defensive groups gather the flows. European banks pause after a long run higher.
Sector rotation: US tech runs while Europe corrects across the board
Weekly technical analysis of sector rotation and sector performance: in the US technology leads and energy and oil stocks stage a strong technical bounce (XLE +3.49%), while in Europe nearly every sector retreats and only banks hold their structure. Who runs, who corrects.
Weekly rotation: financials lead the US, industrials pull Europe higher
The week rewards cyclical and financial sectors on both sides of the Atlantic, while US technology takes a breather. In Europe, industrials and banks post the sharpest advances, with telecoms and energy left behind.
The week health care led Wall Street and Europe while technology caught its breath
A week of defensive rotation on both sides of the Atlantic: health care in front, utilities and real estate pushing higher, while technology corrects and energy stays the heaviest drag. Basic resources and oil pay for falling gold and crude.
Tech in the US, banks in Europe: energy foots the bill
Technology leads the United States (XLK +3.59%) while banks lead Europe (EXV1 +5.25%): two engines of the same risk appetite. Energy and telecom lag, while gold signals tension beneath the surface of a still-favorable macro backdrop.