Monday, May 2, 2011

Sectors Under Pressure

There are quite a few sectors under pressure today, healthcare is a notable standout that is doing very well relatively and on good volume, here's a quick look at some others.

 Commodities under pressure... even with the dollar down a bit

 Semiconductors

 Materials as you'd expect,  also home builders are getting hit hard today.

 The energy complex is having the worst day since early April.

 Financials are struggling for the second day

 Industrials as you might expect considering the earlier PMI-but they didn't react last week to similar data.

 More broadly then just semis, Tech in general

And here's health care, check out the volume as well, it's bucking the trend in many other sectors.

While there's weakness in the major averages, the IWM is standing out today.

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