This is any time that the core sector listAs ShadowTrader uses the S&P500 almost exclusively as the main benchmark to gauge bias and direction in all timeframes, it's important to know what sectors make up the S&P and how much weight they have. To that end, our Core Sector List is the 11 sectors that make up the S&P500. We track them using the ETF's listed below. You'll note that all sectors have a weighting percentage as well. This is important as the top 5 sectors make up almost 75% of the S&P.
Information Technology XLK - 28.2%
Healthcare XLV - 14.2%
Consumer Discretionary XLY - 11.6%
Communication Services XLC - 10.8%
Financials XLF - 9.7%
Industrials XLI - 8.3%
Consumer Staples XLP - 7.0%
Utilities XLU - 3.0%
Real Estate XLRE - 2.6%
Materials XLB - 2.6%
Energy X... is split 50/50 with half of the sectors in the red (negative on day) and half in the green (positive on day). Usually signals “sit on hands” approach.