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.
This video was originally broadcast on July 3, 2023. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube.
New episodes of Sector Spotlight premiere weekly on Mondays. Past episodes can be found here.
#StaySafe, -Julius
