Industrial Digging:

With 2021 coming to an end in just 6 weeks looking at the 11 major S&P sectors on a YTD basis shows the industrials with a respectable 21% advance. But comparing that to rivals it is trailing 6 other groups including energy, financials, real estate, tech, consumer discretionary, and materials. The space could be looking to gather some steam for a strong year-end run. Excluding airlines with many of the major domestic carriers trading around the UNCH mark for 2021 thus far including JBLU LUV DAL and SAVE, dig for strength in firming spaces within transportation services, industrial suppliers, heavy construction, and building materials and fixtures. Another name to monitor is UPS, which continues to handily outperform rival FDX, which today bounced after filling in a gap from the 10/25 session, and is that holds look to add above a double bottom pivot of 216.59.

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