Stock Sectors That Are Dragging The Market Down

Want to know why the stock market is not doing well? Take a look at the charts of a whole variety of stock sectors that are not doing well. Some of them are already in bear market (price below 200 day moving averages) while some of them are in solid down trend (price below 50and 100 day moving averages). These weak sectors are Social Media SOCL, Cloud Computing SKYY, Internet FDN, Software IGV, Home Builders XHB, Retailers XRT, Biotechs IBB, Financials XLF, Consumer Discretionary XLY , Brokerages IAI, Networking IGN and Solar TAN.