Improving S&P 500 Sectors and Stocks

Peter Lee
Feb 19, 2020
1 min read

3 S&P 500 sectors have moved solidly into the improving quadrant over the past few weeks including S&P Consumer Discretionary (XLY), Utilities (XLU), and Real Estate (XLRE). After spending the past 8-weeks confined to the improving quadrant, S&P Communication Services sector (XLC) is on the verge of entering the leading quadrant. S&P Technology sector (XLK) continues to strengthen moving up further along the leading quadrant.

With the above thoughts in mind, we have compiled a list of the S&P 500 stocks that are recording the strongest increase in relative strength and relative price momentum within the respective S&P sectors. Over the past 8-weeks S&P 500 Index (SPY) has gained +4.8% and the following S&P sectors have outperformed the benchmark index.

S&P Technology (XLK) – Leading quadrant (XLK has gained +11.8% over the past 8-wks)

ADBE (+15.9% gains over past 8-weeks), MSFT (+18.1%), MU (+11%), and WDC (+12.8%)

S&P Telecommunication Services (XLC) – Improving quadrant (XLC +6.5%)

DISH (+14.7%), IPG (+8.4%), and NFLX (+17.4%)

S&P Consumer Discretionary (XLY) – Improving quadrant (XLY +4.9%)

AMZN (+16.1%) and CMG (+11.6%)

S&P Real Estate (XLRE) – Improving quadrant (XLRE +7.3%)

AMT (+9.3%), CCI (+17.1%) and SBAC (+20.1%)

S&P Utilities (XLU) – Improving quadrant (XLU +9.1%)

ES (+11.8%), EVRG (+15.4%), and NEE (+13.3%)