Well, it depends on how you look at it. Viewing on a one-month lookback period we see just two of the 11 major S&P sectors in the green. Obviously, energy is the outlier up better than 20%. The financials have been runner up gaining almost 4%, of course on the back of rising rates. This image below could be viewed as a glass half empty or half full depending upon your bias. The pessimistic outlook could state that there is little in the way of any kind of leadership or overall cooperation. The optimist would declare that we are past the month of September and heading into the second half of October, which historically speaking is the firmest. And with the vast majority of sectors well-rested, to put it nicely, it could set up a robust run into year-end. Looking back over the last one-week period the financials, via the XLK, were also the second-best actor up 2.3%. The diverse space was powered higher mostly by the insurance names with the IAK higher by 3.4%. Its chart sports a bullish ascending triangle and a move above 83 targets 92.