Where the rotation is

Sector and industry positioning, right now.

Each point is a live JdK RS-Ratio / RS-Momentum reading against SPY. The quadrant a sector sits in — not its label — is the signal: Leading and Improving are where capital is rotating toward; Weakening and Lagging are where it's rotating away from. See the Methodology page for the exact formula and its validated hit rates.

Sector Relative Rotation

Leading
Improving
Weakening
Lagging

All 11 sectors

Ranked by composite score — blended RS-Ratio, RS-Momentum, and flow, z-scored across today's cross-section.
SectorQuadrantRS-RatioRS-MomentumCompositeStreak
XLI Industrials LEADING 104.5 100.9 +1.17 13d
XLV Health Care LEADING 103.3 101.0 +1.01 5d
XLU Utilities LEADING 102.4 101.0 +0.50 8d
XLF Financials LEADING 104.0 100.2 +0.34 15d
XLP Consumer Staples LEADING 102.1 100.3 +0.29 13d
XLRE Real Estate WEAKENING 100.6 99.8 -0.23 0d
XLY Consumer Discretionary WEAKENING 101.4 99.7 -0.27 0d
XLC Communication Services IMPROVING 98.5 100.2 -0.33 0d
XLK Technology WEAKENING 102.4 99.0 -0.47 0d
XLE Energy IMPROVING 98.4 100.2 -1.01 0d
XLB Materials WEAKENING 100.6 98.9 -1.02 0d

Industries within each sector

Is capital rotating into the whole sector, or one specific industry within it? Grouped under their parent sector, ranked by composite score.

Communication Services

Publishing LEADING+0.34
Internet Content & Information LEADING+0.20
Advertising Agencies LEADING+0.01
Telecommunications Services LAGGING+0.00
Entertainment IMPROVING-0.05

Consumer Discretionary

Packaging & Containers LEADING+0.66
Home Improvement LEADING+0.61
Personal Products & Services LEADING+0.49
Restaurants LEADING+0.49
Residential Construction WEAKENING+0.37
Leisure LEADING+0.35
Travel Services LEADING+0.34
Luxury Goods WEAKENING+0.28
Specialty Retail LEADING+0.28
Furnishings, Fixtures & Appliances LEADING+0.06
Travel Lodging WEAKENING+0.04
Auto - Recreational Vehicles LEADING-0.12
Auto - Dealerships WEAKENING-0.25
Department Stores WEAKENING-0.34
Auto - Manufacturers WEAKENING-0.39
Auto - Parts LAGGING-0.60
Apparel - Manufacturers WEAKENING-0.62
Apparel - Footwear & Accessories LAGGING-0.68
Gambling, Resorts & Casinos WEAKENING-0.71
Apparel - Retail LAGGING-1.36

Consumer Staples

Beverages - Non-Alcoholic LEADING+0.46
Food Distribution LEADING+0.29
Packaged Foods LEADING+0.21
Food Confectioners IMPROVING+0.13
Education & Training Services LEADING+0.06
Discount Stores LEADING-0.01
Household & Personal Products WEAKENING-0.01
Agricultural Farm Products IMPROVING-0.38
Grocery Stores LAGGING-0.60

Energy

Oil & Gas Refining & Marketing IMPROVING-0.12
Oil & Gas Midstream LEADING-0.21
Oil & Gas Exploration & Production IMPROVING-0.68
Oil & Gas Integrated LAGGING-0.73
Oil & Gas Equipment & Services LAGGING-0.76
Solar LAGGING-1.23
Oil & Gas Drilling LAGGING-1.91
Coal LAGGING-2.28

Financials

Insurance - Brokers LEADING+1.33
Insurance - Property & Casualty LEADING+1.01
Insurance - Specialty LEADING+0.69
Financial - Mortgages IMPROVING+0.51
Financial - Credit Services LEADING+0.43
Banks - Regional LEADING+0.31
Insurance - Life WEAKENING+0.17
Insurance - Diversified LEADING+0.11
Financial - Capital Markets WEAKENING-0.01
Investment - Banking & Investment Services WEAKENING-0.24
Financial - Data & Stock Exchanges LAGGING-0.64
Asset Management LAGGING-0.84

Health Care

Biotechnology LEADING+1.74
Medical - Equipment & Services LEADING+0.98
Medical - Healthcare Information Services LEADING+0.90
Drug Manufacturers - General LEADING+0.84
Medical - Instruments & Supplies LEADING+0.60
Medical - Care Facilities LEADING+0.43
Medical - Diagnostics & Research LEADING+0.38
Drug Manufacturers - Specialty & Generic LEADING+0.24
Medical - Devices LEADING-0.01
Medical - Healthcare Plans WEAKENING-0.04
Medical - Distribution WEAKENING-0.11

Industrials

Agricultural - Machinery LEADING+1.25
Airlines, Airports & Air Services LEADING+1.20
Conglomerates LEADING+0.87
Construction LEADING+0.72
Industrial - Pollution & Treatment Controls LEADING+0.72
Electrical Equipment & Parts WEAKENING+0.64
Industrial - Distribution LEADING+0.60
Manufacturing - Tools & Accessories LEADING+0.52
Waste Management LEADING+0.45
Engineering & Construction LEADING+0.43
Specialty Business Services LEADING+0.32
Aerospace & Defense WEAKENING+0.17
Industrial - Machinery WEAKENING+0.15
Manufacturing - Metal Fabrication WEAKENING+0.13
Security & Protection Services LEADING+0.01
Railroads LEADING-0.15
Staffing & Employment Services WEAKENING-0.31
Rental & Leasing Services WEAKENING-0.57
Integrated Freight & Logistics LAGGING-0.67
Consulting Services LAGGING-0.99
Trucking LAGGING-1.38

Materials

Construction Materials LEADING+0.89
Chemicals - Specialty LEADING+0.51
Agricultural Inputs LEADING+0.47
Paper, Lumber & Forest Products LEADING+0.46
Industrial Materials LEADING-0.29
Gold IMPROVING-0.32
Other Precious Metals IMPROVING-0.67
Chemicals LAGGING-1.75
Steel LAGGING-2.12
Aluminum LAGGING-2.23

Real Estate

REIT - Healthcare Facilities LEADING+0.98
REIT - Retail LEADING+0.29
Real Estate - Services LEADING+0.28
REIT - Hotel & Motel WEAKENING+0.27
REIT - Industrial WEAKENING+0.20
REIT - Residential LEADING+0.03
REIT - Office WEAKENING+0.01
REIT - Mortgage LEADING-0.00
REIT - Diversified WEAKENING-0.33
REIT - Specialty LAGGING-0.57

Technology

Electronic Gaming & Multimedia LEADING+1.09
Hardware, Equipment & Parts LEADING+0.50
Semiconductors WEAKENING+0.37
Software - Services IMPROVING+0.17
Software - Infrastructure LAGGING-0.51
Software - Application LAGGING-0.51
Communication Equipment LAGGING-0.55
Technology Distributors WEAKENING-0.55
Computer Hardware WEAKENING-1.01
Information Technology Services LAGGING-1.28

Utilities

Regulated Water LEADING+0.63
Diversified Utilities LEADING+0.44
Regulated Electric LEADING+0.35
Regulated Gas LEADING+0.19
Renewable Utilities IMPROVING+0.01
Independent Power Producers LEADING+0.01
Rotation math: JdK RS-Ratio = 100 × MA(price/SPY, 10) / MA(price/SPY, 30). RS-Momentum = 100 × RS-Ratio / MA(RS-Ratio, 9). Synthetic equal-weighted baskets built from FMP-classified constituents + Polygon prices — not real fund prices.
Not financial advice. Markets Lens is a research and educational tool only. Nothing on this site is a recommendation to buy, sell, or hold any security. Rotation signals are historical/statistical reads, not predictions — see the Methodology page for validated hit rates, which are meaningfully better than random on some names and close to a coin flip on others. Do your own research and consult a licensed financial advisor before making investment decisions.