The Power Index ranks the 11 S&P 500 sectors by relative performance for the current weekly window (Mon close → Wed close). Performance is measured within the fixed 11-sector universe using close-to-close percentage change versus the benchmark.
Industrials remain #1. Real Estate remains #11. The leadership and bottom positions have not changed.
Ranked: The Rotation
Technology moves up one additional position, overtaking Health Care. This marks the second consecutive improvement in rank. Technology now sits in the middle tier rather than the bottom tier.
Health Care moves lower, reflecting weaker relative performance compared with Technology and Communication Services.
Utilities remain near the bottom, holding the second-to-last position. Consumer Staples remain positioned just above Utilities.
The leadership cluster remains unchanged. Industrials continue to lead, followed by Materials and Energy.
Financials and Consumer Discretionary remain in the upper-middle tier without advancing into the top positions.
Communication Services holds a stable middle ranking without upward acceleration.
Real Estate remains last, with no movement relative to other sectors.
Positional Takeaways
Leadership remains unchanged. Industrials continue to define the top of the ranking.
Technology has moved out of the bottom tier and into the middle of the index. The move reflects improving relative strength compared with defensive sectors.
Utilities and Real Estate remain the weakest positions in the ranking.
Most sectors have remained within narrow positional ranges. No broad reshuffling has occurred.
The structure is stable.
Leadership remains concentrated.
Position, not momentum, defines the current Power Index.