Lithium, Real Estate Services and Blockchain trending in the US Markets

Generally the sector performance has being determined by the daily direction of the market with Bull days (>0.5%) favouring Healthcare, Consumer Cyclicals, Technology and Basic Materials and Bear days (>-0.5%) favouring Academic & Educational Services, Real Estate, Financials and Utilities.

Yesterday's sectors performance favoured the Bear stocks including Healthcare. Healthcare, a highly cyclical sector that performs best in Bull Markets, was oscillating daily between best and worst sector but has been strong now for the last two weeks. Note that between Nov23 and Feb24 the sector was +c50%, all of these gains reversed between Feb and June. History suggests this is sector to follow if the Markets become less volatile.

Best performing sectors included Consumer non-Cyclicals (Personal Services +9.1% pulled up by MRM), Healthcare (Biotech +1.16%) and Real Estate (Real Estate Services +3.1%).

A notable number of 52 week highs in the following sectors: Financials (across the sector), Consumer Cyclicals (Hotels & Entertaining, Media, Household Goods and Specialty Retailers), Healthcare (Biotech and Pharma), Industrials ( Aerospace and Machinery, Tools, Heavy Machinery), Technology (Software and Online Services).

Notable high volume across the Market - this is unusual considering the generally low trading volumes and suggests trading was polarised in a number of stocks.

Trending Sub Industries - Specialty Mining (dominated by lithium / battery stocks UAMY, ELBM, ATLX, LAC, SGML, PLL, IONR) Aluminium (TG, CENX, AA, CSTM), Speciality Chemicals (FSI, VHI,ASPN, ALB, TROX), Appliances, Tools & Houseware (RR, VIOT, COOK, DTC), Hotels. Motels and Cruise (SOND, LIND, NCLH, CCL, CUK), Personal Products (DSY, OLPX, SKIN, NUS), Heavy Machinery (RAIL, VEV, ARTW, MNTX), Real Estate Services (RDFN, OPAD, OPEN, RMAX, DUO, HOUS), Blockchain & Crypto (SDIG, WULF, DGHI, HIVE, BTBT, APLD, FTFT, NCTY) Integrated Hardware Software (HKIT, SPPL, SMRT, TLS)