Key Takeaway: Median stock has gone nowhere for six months. Emerging market trends are improving and commodities are moving toward new highs. Inflation weighing on consumer attitudes is a headwind for the economy.
If shopping in the Energy (or Consumer Discretionary) sectors, look in the mid-cap aisles. The Energy sector is near the bottom of the large-cap sector rankings, but at the top of the mid-cap rankings.
Improving relative strength trends for large-cap Food & Staples Retailing and Utilities bear watching as index-level volatility picks up.