dartde

Sector early indicator? Not usually: Health, Utilities & Transpt

DJ:DJI   Dow Jones Industrial Average Index
The Healthcare sector, Utilities sector, and Transportation sector - here represented by the S&P Health Care Index (S5HLTH, in blue), Dow Jones Utility Average ( DJU , in purple), and the Dow Jones Transportation Average ( DTX , in orange) - do not usually act as early indicators against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... except perhaps for DJU falling from a peak in Jan 2015 ( DTX a little earlier in Dec 2014), and DJU again in Dec 2017. (Around the turn of the century, DTX also peaked fairly early - in 1998.)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.