As shown below, the 50 best-performing S&P 500 (SPY) stocks YTD heading into today are down an average of 1.41%, while the 50 stocks that were up the least YTD are down 0.72% today. While the spread in performance across the deciles isn't that wide, traders are clearly taking some profits in this year's winners today, which have mostly been highly cyclical stocks.
(Click chart to enlarge)
