In this episode of StockCharts TV’s Sector Spotlight, I assess the monthly charts following the end of June. Bond-related asset classes remain vulnerable, while commodities are struggling to remain afloat. The stock/bond ratio is now sending a very clear signal. In US sectors, all eyes are on two sectors that ended June at their highest monthly close ever, while more than 50% of the market capitalization in the S&P 500 is now in an uptrend on the monthly time frame.
New episodes of Sector Spotlight premiere weekly on Mondays. Past episodes can be found here.