Equal weighted Subsector ranked by weekly performance shows the start of a potential rotation into discretionary, health care, and technology. By ranking by weekly performance and looking at the RS rankings, we can see that the recent relative losers made the most gains last week. There’s a lot of red at the top of the RS rankings. It’s interesting to see Hotel, Restaurant, and Leisure outperforming all others. The re-opening theme will be something to monitor as last week’s price movements show it should be.