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Stock Price Indexes:S&P 500
Sectors & IndustriesYardeni Research, Inc.
October 23, 2020
Dr. Edward Yardeni516-972-7683
Joe Abbott732-497-5306
Mali Quintana480-664-1333
Please visit our sites atwww.yardeni.comblog.yardeni.com
thinking outside the box
Table Of Contents Table Of ContentsTable Of Contents
October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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S&P 500 Sectors 1S&P 500: Sector Total Return Performance 2S&P 500 Sectors Relative to S&P 500 3S&P 500 Sectors 4S&P 500: Consumer Discretionary 5S&P 500: Consumer Discretionary (cont) 6-7S&P 500: Consumer Discretionary Retailers 8S&P 500: Consumer Staples 9S&P 500: Consumer Staples (cont) 10S&P 500: Energy 11S&P 500: Financials 12S&P 500: Financials (cont) 13S&P 500: Health Care 14S&P 500: Health Care (cont) 15S&P 500: Industrials 16S&P 500: Industrials (cont) 17-18S&P 500: Information Technology 19S&P 500: Materials 20S&P 500: Materials (cont) 21S&P 500: Communication Services 22S&P 500: Utilities 23
Figure 1.
2016 2017 2018 2019 2020 2021500600700800900
10001100120013001400
CONSUMER DISCRETIONARY
S&P 500 SectorPrice Indexes
10/23
2016 2017 2018 2019 2020 2021300
400
500
600
700
800
INDUSTRIALS10/23
2016 2017 2018 2019 2020 2021450
500
550
600
650
700
CONSUMER STAPLES 10/23
2016 2017 2018 2019 2020 202160080010001200140016001800200022002400
INFORMATION TECHNOLOGY 10/23
2016 2017 2018 2019 2020 2021100
200
300
400
500
600
700
800
ENERGY
10/23
2016 2017 2018 2019 2020 2021200
250
300
350
400
450
MATERIALS 10/23
2016 2017 2018 2019 2020 2021250
300
350
400
450
500
550
600
FINANCIALS
10/23
2016 2017 2018 2019 2020 2021125
150
175
200
225
COMMUNICATION SERVICES10/23
2016 2017 2018 2019 2020 2021700
900
1100
1300
HEALTH CARE10/23
Source: Standard & Poor’s and Haver Analytics.
2016 2017 2018 2019 2020 2021200
225
250
275
300
325
350
375
400
UTILITIES
10/23
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S&P 500 Sectors
Page 1 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 2.
200920102011201220132014201520162017201820192020202120220
500
1000
1500
1081.5%
CONSUMER DISCRETIONARY(Performance relativeto S&P 500)
Data thru 10/23/20
200920102011201220132014201520162017201820192020202120220
100
200
300
400
500
600
700
800
567.0%
INDUSTRIALS
200920102011201220132014201520162017201820192020202120220
100
200
300
400371.5%CONSUMER STAPLES
200920102011201220132014201520162017201820192020202120220
500
1000
1500
1125.8%
INFORMATION TECHNOLOGY
20092010201120122013201420152016201720182019202020212022-50
0
50
100
150
200
2.4%
ENERGY
200920102011201220132014201520162017201820192020202120220
100
200
300
400389.0%MATERIALS
200920102011201220132014201520162017201820192020202120220
200
400
600
800
523.6%
FINANCIALS
200920102011201220132014201520162017201820192020202120220
100
200
300
400
290.1%
COMMUNICATION SERVICES
200920102011201220132014201520162017201820192020202120220
200
400
600
517.8%
Note: Indexed to 0 on 3/9/2009.Source: Standard & Poor’s.
HEALTH CARE
200920102011201220132014201520162017201820192020202120220
100
200
300
400
351.9%UTILITIES
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S&P 500: Sector Total Return Performance
Page 2 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 3.
200920102011201220132014201520162017201820192020202120220
200
400
600
800
1000894.2%CONSUMER DISCRETIONARY
(performance relative to S&P 500)
Data thru 10/23/20
200920102011201220132014201520162017201820192020202120220
100
200
300
400
500
416.3%INDUSTRIALS
200920102011201220132014201520162017201820192020202120220
100
200
300
236.1%
CONSUMER STAPLES
200920102011201220132014201520162017201820192020202120220
500
1000
1500
943.7%
INFORMATION TECHNOLOGY
20092010201120122013201420152016201720182019202020212022-50
0
50
100
150
-26.0%
ENERGY
200920102011201220132014201520162017201820192020202120220
100
200
300281.0%MATERIALS
200920102011201220132014201520162017201820192020202120220
200
400
600
400.7%
FINANCIALS
200920102011201220132014201520162017201820192020202120220
50
100
150132.3%COMMUNICATION SERVICES
200920102011201220132014201520162017201820192020202120220
200
400
600
395.9%
Note: Indexed to 0 on 3/9/2009.Source: Standard & Poor’s Corporation.
HEALTH CARE
200920102011201220132014201520162017201820192020202120220
50
100
150
200
250
189.2%
UTILITIES
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S&P 500 Sectors Relative to S&P 500
Page 3 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 4.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
400
700100013001600
10/23CONSUMER DISCRETIONARY*
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22125
275
425
575725875
10/23INDUSTRIALS
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22175
300
425
550
675800
10/23CONSUMER STAPLES
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22175
875
1575
22752975
10/23INFORMATION TECHNOLOGY
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
350
550
750950
10/23
ENERGY
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
200
300
400
50010/23MATERIALS
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2275
225
375
525675825
10/23
FINANCIALS
Includes Real Estatethrough September 2016
Source: Haver Analytics and Standard & Poor’s Corporation.
200-day moving average* S&P 500 sector price indexes on ratio scales.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2275
115
155
195
23510/23COMMUNICATION SERVICES
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22225
525
825
112514251725
10/23HEALTH CARE
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
175
250
325
400
10/23UTILITIES
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S&P 500 Sectors
Page 4 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 5.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2275
275
475
675
875
1075
1275
1475
10/23
CONSUMER DISCRETIONARY
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
200
400
600
800
1000
1200
1400
1600
10/23S&P 500 HOMEBUILDING(DHI LEN PHM)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100
150
200
250
300
350
400
450
10/23
S&P 500 APPAREL, ACCESSORIES,LUXURY GOODS(COH HBI KORS PVHRL UA VFC)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2225
125
225
325
425
525
625
725
825
10/23
S&P 500 HOUSEHOLD APPLIANCES(WHR)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
700
1300
1900
2500
3100
3700
430010/23
S&P 500 FOOTWEAR(NKE)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2225
125
225
325
425
525
10/23
S&P 500 HOUSEWARES & SPECIALTIES(NWL)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2225
50
75
100
125
150
175
200
225
250
10/23
S&P 500 HOME FURNISHINGS(LEG MHK)
200-day moving averageSource: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2275
150
225
300
375
450
10/23
S&P 500 DISTRIBUTORS(GPC LKQ)
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S&P 500: Consumer Discretionary
Page 5 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 6.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22255075
100125150175200225250275300325350375
10/23
S&P 500 AUTO PARTS & EQUIPMENT(BWA DLPH JCI)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
25
50
75
100
125
150
2/26
S&P 500 TIRES & RUBBER(GT)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
50
100
150
10/23
S&P 500 AUTOMOBILE MANUFACTURERS(F GM)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
40
80
120
160
200
240
280
6/19
S&P 500 MOTORCYCLE MANUFACTURERS(HOG)
200-day moving averageSource: Standard & Poor’s Corporation.
S&P 500: Consumer Discretionary (cont)
Page 6 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 7.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100
150
200
250
300
350
10/23
S&P 500 LEISURE PRODUCTS(HAS MAT)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22200
400
600
800
1000
1200
1400
1600
1800
2000
220010/23S&P 500 RESTAURANTS
(CMG DRI MCD SBUX YUM)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
150
250
350
450
550
650
10/23
S&P 500 HOTELS, RESORTS & CRUISE LINES(CCL MAR RCL WYN)
yardeni.com
200-day moving averageSource: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
550
950
1350
1750
2150
10/23
S&P 500 CASINOS & GAMING(WYNN)
S&P 500: Consumer Discretionary (cont)
Page 7 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 8.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22200
600
1000
1400
1800
2200
2600
3000
3400
3800
4200
10/23
S&P 500 RETAILING(AAP, AMZN, AN, AZO, BBY, DG, DLTR,EXPE, FL, GPC, GPS, HD, JWN, KMX, KSS,LB, LOW, M, NFLX, ORLY, PCLN, ROST,SIG, TGT, TIF, TJX, TRIP, TSCO,ULTA, URBN)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22250
500
750
1000
1250
1500
1750
2000
2250
2500
10/23S&P 500 GENERAL MERCHANDISE(DG DLTR TGT)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
200
400
600
800
1000
1200
1400
1600
1800
2000
2200
10/23
S&P 500 APPAREL RETAIL(FL GPS LB ROST TJX URBN)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
450
750
1050
1350
1650
1950
2250
2550
2850
315010/23S&P 500 HOME IMPROVEMENT RETAIL
(HD LOW)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
125
200
275
350
425
500
575
650
725
800
875
10/23
S&P 500 COMPUTER & ELECTRONICS RETAIL(BBY)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
2000
4000
6000
8000
10000
12000
14000
10/23S&P 500 INTERNET RETAIL(AMZN EXPE NFLX PCLN TRIP)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
50
100
150
200
250
300
350
400
9/18
S&P 500 DEPARTMENT STORES(JWN KSS M)
200-day moving averageSource: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2225
50
75
100
125
150
175
200
10/23
S&P 500 SPECIALTY STORES(SIG TIF TSCO ULTA)
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S&P 500: Consumer Discretionary Retailers
Page 8 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 9.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150200250300350400450500550600650700750
10/23S&P 500 CONSUMER STAPLES
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22200
400
600
800
1000
1200
1400
1600
10/23
S&P 500 DRUG RETAIL(CVS WBA)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
300
500
700
900
1100
10/23
S&P 500 AGRICULTURAL PRODUCTS(ADM)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22200
275
350
425
500
575
650
725
800
875
950
1025
10/23
S&P 500 FOOD DISTRIBUTORS(SYY)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22250
450
650
850
1050
1250
1450
10/23
S&P 500 BREWERS(TAP)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100
150
200
250
300
10/23
S&P 500 FOOD RETAIL(KR)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2275
225
375
525
675
825
975
1125
10/23
S&P 500 DISTILLERS & VINTNERS(BF.B STZ)
200-day moving averageSource: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22200
275
350
425
500
575
650
725
800
875
950
10/23
yardeni.com
S&P 500 HOUSEHOLD PRODUCTS(CHD CL CLX KMB PG)
S&P 500: Consumer Staples
Page 9 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 10.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2270
100130160190220250280310340370400430460
10/23
S&P 500 HYPERMARKETS & SUPER CENTERS(COST WMT)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
225
300
375
450
525
600
675
10/23
S&P 500 SOFT DRINKS(DPS KO MNST PEP)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
250
350
450
550
650
750
10/23
S&P 500 PACKAGED FOODS & MEATS(CAG CPB GIS HRL HSY K KHC MDLZ MJNMKC SJM TSN)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22250
500
750
1000
1250
1500
1750
10/23
S&P 500 TOBACCO(MO PM)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22140
210
280
350
420
490
560
630
700
770
840
91010/23S&P 500 PERSONAL PRODUCTS
(EL)
200-day moving averageSource: Standard & Poor’s Corporation.
yardeni.com
S&P 500: Consumer Staples (cont)
Page 10 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 11.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
200
250
300
350
400
450
500
550
600
650
700
750
10/23
S&P 500 ENERGY
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250100150200250300350400450500550600650700750800850900
10/23
S&P 500 OIL & GAS EQUIPMENT & SERVICES(BHGE FTI HAL NOV SLB)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
200
250
300
350
400
450
500
550
600
650
700
750
10/23
S&P 500 INTEGRATED OIL & GAS(CVX OXY XOM)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
150
250
350
450
550
650
750
850
950
10/23
S&P 500 OIL & GAS EXPLORATION &PRODUCTION(APA APC CHK COG COP CRC CXO DVN EOG EQTHES MRO NBL NFX PXD RRC SWN XEC)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
100
200
300
400
500
600
700
800
900
1000
1100
5/21
S&P 500 OIL & GAS DRILLING(DO HP)
200-day moving average
Source: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
150
250
350
450
550
650
750
850
950
1050
1150
10/23
S&P 500 OIL & GAS REFINING & MARKETING(ANDV MPC PSX VLO)
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S&P 500: Energy
Page 11 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 12.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100
150
200
250
300
350
400
450
500
550
600
10/23
S&P 500 FINANCIALS
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
300
500
700
900
1100
1300
10/23
S&P 500 INSURANCE BROKERS(AJG AOC MMC WLTW)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2240
80
120
160
200
240
280
320
10/23
S&P 500 ASSET MANAGEMENT &CUSTODY BANKS(AMG AMP BEN BK BLK IVZ LMNTRS STT TROW)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2225
75
125
175
225
275
325
10/23
S&P 500 INVESTMENT BANKING &BROKERAGE(ETFC GS MSSCHW)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22-10
90
190
290
390
490
590
690
790
890
990
1090
10/23
S&P 500 CONSUMER FINANCE(AXP COF DFS NAVI SYF)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
50
100
150
200
250
300
350
400
450
500
550
10/23
S&P 500 LIFE & HEALTH INSURANCE(AFL BHF LNC MET PFG PRU TMK UNM)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100150200250300350400450500550600650700
10/23
S&P 500 DIVERSIFIED BANKS(BAC C CMA JPM USB WFC)
200-day moving averageSource: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
100
200
300
400
500
600
10/23yardeni.com
S&P 500 MULTI-LINE INSURANCE(AIG AIZ HIG L)
S&P 500: Financials
Page 12 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
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Figure 13.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
100
200
300
400
500
600
700
800
900
10/23
S&P 500 PROPERTY & CASUALTY INSURANCE(ALL CB CINF PGR TRV XL)
***** Chart Not Available *****
Task: GMBFINSF
Invalid calculation element [PRC]
10-23-2020 - 00:43:04
***** Chart Not Available *****
Task: GMBFINREITS
Invalid calculation element [S5404I]
10-23-2020 - 00:43:02
***** Chart Not Available *****
Task: GMBFINREG
Invalid calculation element [PRC]
10-23-2020 - 17:51:05
S&P 500: Financials (cont)
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Figure 14.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22200
400
600
800
1000
1200
1400
10/23
S&P 500 HEALTH CARE
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22300
500
700
900
1100
1300
1500
1700
1900
2100
2300
10/23
S&P 500 HEALTH CARE EQUIPMENT(ABT BAX BCR BDX BSX EW HOLX ISRGMDT RMD STJ SYK VAR ZMH)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22200
600
1000
1400
1800
2200
2600
3000
3400
3800
4200
4600
5000
5400
5800
10/23
S&P 500 BIOTECHNOLOGY(ABBV ALXN AMGN BIIB CELGGILD REGN VRTX)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
100
200
300
400
500
600
700
10/23
S&P 500 HEALTH CARE FACILITIES(HCA UHS)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
200
300
400
500
600
700
800
900
1000
10/23
S&P 500 HEALTH CARE DISTRIBUTORS(ABC CAH HSIC MCK PDCO)
200-day moving average
Source: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
200
300
400
500
600
700
800
900
10/23
yardeni.com
S&P 500 HEALTH CARE SERVICES(DGX DVA ESRX LH)
S&P 500: Health Care
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Figure 15.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
300
500
700
900
1100
1300
1500
1700
1900
2100
2300
2500
2700
290010/23S&P 500 MANAGED HEALTH CARE
(AET ANTM CI CNC HUM UNH)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2230507090110130150170190210230250270290310330350370
10/23S&P 500 HEALTH CARE TECHNOLOGY(CERN)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22200
300
400
500
600
700
800
10/23
S&P 500 PHARMACEUTICALS(AGN BMY ENDP JNJ LLY MRKMYL PFE PRGO ZTS)
200-day moving averageSource: Standard and Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
150
250
350
450
550
650
750
850
950
1050
10/23
S&P 500 LIFE SCIENCES TOOLS & SERVICES(A ILMN PKI Q TMO WAT)
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S&P 500: Health Care (cont)
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Figure 16.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
200
300
400
500
600
700
800
10/23
S&P 500 INDUSTRIALS
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
150
250
350
450
550
10/23
S&P 500 CONSTRUCTION & ENGINEERING(FLR JEC PWR)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
350
550
750
950
1150
1350
1550
10/23
S&P 500 AEROSPACE & DEFENSE(ARNC BA COL GD LLL LMT NOC RTNTDG TXT UTX)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
300
500
700
900
1100
1300
10/23S&P 500 CONSTRUCTION MACHINERY & HEAVY TRUCKS(CAT CMI PCAR)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2225
100
175
250
325
400
47510/23S&P 500 BUILDING PRODUCTS
(ALLE AOS FBHS JCI MAS)
200-day moving averageSource: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
250
400
550
700
850
1000
10/23
yardeni.com
S&P 500 ELECTRICAL COMPONENTS &EQUIPMENT(AME AYI EMR ETN ROK)
S&P 500: Industrials
Page 16 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
Yardeni Research, Inc.
Figure 17.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100
150
200
250
300
350
10/23
S&P 500 ENVIRONMENTAL &FACILITIES SERVICES(RSG SRCL WM)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
350
550
750
950
1150
1350
1550
10/23S&P 500 INDUSTRIAL MACHINERY(DOV FLS FTV IR ITW PH PNR SNA SWK XYL)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2225
75
125
175
225
10/23
S&P 500 HUMAN RESOURCE &EMPLOYMENT SERVICES(RHI)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100
150
200
250
300
350
2/28
S&P 500 OFFICE SERVICES & SUPPLIES(PBI)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
150
250
350
450
550
10/23
S&P 500 INDUSTRIAL CONGLOMERATES(GE HON MMM ROP)
200-day moving average
Source: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
150
250
350
450
550
650
750
850
10/23
yardeni.com
S&P 500 TRADING COMPANIES &DISTRIBUTORS(FAST GWW URI)
S&P 500: Industrials (cont)
Page 17 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
Yardeni Research, Inc.
Figure 18.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
150
200
250
300
350
400
450
500
550
600
650
700
750
800
850
900 10/23S&P 500 TRANSPORTATION INDEX
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
50
100
150
200
250
300
350
400
450
10/23
S&P 500 AIRLINES(AAL ALK DAL LUV UAL)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150200250300350400450500550600650700750800850900950
1000 10/23S&P 500 AIR FREIGHT & LOGISTICS(CHRW EXPD FDX UPS)
200-day moving average
Source: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
300
500
700
900
1100
1300
1500
1700
1900
2100
2300
2500
10/23
yardeni.com
S&P 500 RAILROADS(CSX KSU NSC UNP)
S&P 500: Industrials (cont)
Page 18 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
Yardeni Research, Inc.
Figure 19.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
450
750
1050
1350
1650
1950
225010/23S&P 500 INFORMATION TECHNOLOGY
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
150
250
350
450
10/23S&P 500 ELECTRONIC EQUIPMENT &INSTRUMENTS(FLIR KEYS)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2210
70
130
190
250
310
370
430
10/23
S&P 500 APPLICATION SOFTWARE(ADBE ADSK ANSS CDNS CRM CTXS INTU SNPS)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
50
100
150
200
250
300
350
10/23
yardeni.com
S&P 500 ELECTRONIC MANUFACTURINGSERVICES(IPGP TEL)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
75
100
125
150
175
200
225
250
275
300
10/23
S&P 500 COMMUNICATIONS EQUIPMENT(ANET CSCO FFIV JNPR MSI)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22555105155205255305355405455505555605655
10/23
S&P 500 TECHNOLOGY HARDWARE,STORAGE & PERIPHERALS(AAPL HPE HPQ NTAP STX WDC XRX)
yardeni.com
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
300
500
700
900
1100
1300
1500
1700
10/23S&P 500 DATA PROCESSING &OUTSOURCED SERVICES(ADP ADS BR FIS FISV FLT GPN JKHYMA PAYX PYPL V WU)
S&P 500: Information Technology
Page 19 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
Yardeni Research, Inc.
Figure 20.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
400
700
1000
1300
160010/23S&P 500 SEMICONDUCTORS
(ADI AMD AVGO INTC MCHP MU MXIMNVDA QCOM QRVO SWKS TXN XLNX)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
200
400
600
800
1000
1200
10/23S&P 500 INTERNET SERVICES &INFRASTRUCTURE(AKAM VRSN)
200-day moving averageSource: Standard & Poor’s Corporation.
yardeni.com
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
300
500
700
900
1100
1300
1500
170010/23S&P 500 SEMICONDUCTOR EQUIPMENT
(AMAT KLAC LRCX)
200-day moving averageSource: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
50
100
150
200
250
10/23
S&P 500 IT CONSULTING & OTHER SERVICES(ACN CTSH DXC IBM IT LDOS)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22300
900
1500
2100
2700
3300
3900
4500
10/23S&P 500 SYSTEMS SOFTWARE(FTNT MSFT ORCL SYMC)
yardeni.com
Figure 21.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2275
125
175
225
275
325
375
425 10/23S&P 500 MATERIALS INDEX
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
100
200
300
400
500
600
700
10/23
S&P 500 COPPER(FCX)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2225
75
125
175
225
275
325
375
11/1
S&P 500 ALUMINUM(AA)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22100
500
900
1300
1700
2100
2500
10/23
S&P 500 FERTILIZER & AGRICULTURALCHEMICALS(CTVA CF FMC MOS)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22255075
100125150175200225250275300325
10/23
S&P 500 CONSTRUCTION MATERIALS(MLM VMC)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2220
60
100
140
180
10/23
S&P 500 GOLD(NEM)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
75
150
225
300
375
450
525
10/23
S&P 500 DIVERSIFIED CHEMICALS(EMN)
200-day moving averageSource: Standard & Poor’s Corporation.
S&P 500: Materials
Page 20 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
Yardeni Research, Inc.
Figure 22.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22200
400
600
800
1000
1200
1400
1600
1800
2000
2200
10/23
S&P 500 INDUSTRIAL GASES
yardeni.com
(APD LIN)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
40
80
120
160
200
240
280
12/18
S&P 500 PAPER PRODUCTS(IP)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 224080
120160200240280320360400440480520560
10/23
S&P 500 METAL & GLASS CONTAINERS(BLL)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22150
400
650
900
1150
1400
1650
10/23
S&P 500 SPECIALTY CHEMICALS(ALB CE DD ECL IFF PPG SHW)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
125
200
275
350
425
10/23
yardeni.com
S&P 500 STEEL(NUE)
S&P 500: Materials (cont)
Page 21 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
Yardeni Research, Inc.
Figure 23.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2260
100
140
180
220
10/23S&P 500 TELECOMMUNICATION SERVICES
200-day moving average
Source: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2280
120
160
200
240
10/23
S&P 500 INTEGRATED TELECOMMUNICATIONSERVICES(T VZ)
yardeni.com
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100
150
200
250
300
350
400
9/21
S&P 500 ADVERTISING(IPG OMC)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 220
100
200
300
400
500
600
700
800
900
9/21
S&P 500 BROADCASTING(CBS DISCA DISCK SNI TGNA)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100
150
200
250
300
350
400
450
500
9/21S&P 500 MOVIES & ENTERTAINMENT(DIS FOX FOXA TWX VIAB)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2250
100
150
200
250
300
350
400
9/21
S&P 500 PUBLISHING(NWS NWSA)
yardeni.com
S&P 500: Communication Services
Page 22 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
Yardeni Research, Inc.
Figure 24.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2275
100
125
150
175
200
225
250
275
300
325
350
375
400
10/23
S&P 500 UTILITIES INDEX
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2275
175
275
375
475
575
675
775
875
10/23
S&P 500 GAS UTILITIES(GAS)
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22125
150
175
200
225
250
275
300
325
350
375
400
425
450
10/23
S&P 500 ELECTRIC UTILITIES(AEP DUK EIX ES ETR EXC FE LNT NEE PCG PNW PPL SO XEL)
200-day moving average
Source: Standard & Poor’s Corporation.
06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 2210
15
20
25
30
35
40
45
50
55
10/23
S&P 500 MULTI-UTILITIES(AEE CMS CNP D DTE ED NI PCG PEG SCG SRE WEC)
yardeni.com
S&P 500: Utilities
Page 23 / October 23, 2020 / Stock Price Indexes: S&P 500 Sectors & Industries www.yardeni.com
Yardeni Research, Inc.
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