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Chevron Corp (CVX)

Chevron (CVX) exited the green zone of the SIA S&P 100 Index Report back in March and dipped into the red zone over the summer. Although it did manage to rebound for a few weeks in the late summer, for the last month, CVX has been drifting back down toward the bottom of the Yellow Neutral Zone finishing yesterday in 51st place down 7 spots on the day and down 20 positions in the last month with the share price down 14.6% over that time.

iShares Expanded Tech-Software Sector ETF (IGV) & Invesco Food & Beverage ETF (PBJ)

In this edition of Equity Leaders Weekly, we look at what recent declines in the high-beta/cyclical software sector and the low-beta/defensive food sector are telling us about the breadth of the recent market selloff.

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