Sector Winners and Losers week ending 4/9

Original Chart

The S&P 500 was dominated by three growth sectors for the week, finishing the week with a big 2.71% gain and another new all-time high.

Technology ( XLK ) finished the week as the top sector, taking the top spot on Thursday and Friday as big tech companies solidified breakouts from their recent consolidations.

Likewise, Consumer Discretionary ( XLY ) and Communication Services ( XLC ) finished in second and third place largely thanks for mega-caps that are overweight in the lists.

Energy ( XLE ) was at the bottom of the list with over a 4% decline. Some of that may be attributed to mixed outlook from analysts on supply and demand for oil . But Energy also tends to suffer when a large amount of investment rotates into the three big growth sectors.

Only Energy declined for the week. The other sectors had gains, albeit underperformed the broader S&P 500 index .


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