Sector Analysis

The Vanguard Consumer Discretionary Sector (6/5/15) Short-term (Neutral) : Intermediate Term (Neutral) : Long-term (Positive)

The Vanguard Consumer Staples Sector (6/5/15) Short-term (Negative) : Intermediate Term (Neutral) : Long-term (Neutral)

The Vanguard Energy Sector (6/5/15) Short-term (Positive) : Intermediate Term (Positive) : Long-term (Positive)

The Vanguard Financial Sector (6/5/15) Short-term (Positive) : Intermediate Term (Positive) : Long-term (Positive)

The Vanguard Health Care Sector (6/5/15) Short-term (Neutral) : Intermediate Term (Neutral) : Long-term (Positive)

The Vanguard Industrial Sector (6/5/15) Short-term (Positive) : Intermediate Term (Positive) : Long-term (Positive)

The Vanguard Information Technology Sector (6/5/15) Short-term (Positive) : Intermediate Term (Positive) : Long-term (Positive)

The Vanguard Material Sector (6/5/15) Short-term (Positive) : Intermediate Term (Positive) : Long-term (Positive)

The Vanguard Telecommunications Sector (6/5/15) Short-term (Neutral) : Intermediate Term (Neutral) : Long-term (Positive)

The Vanguard Utilities Sector (6/5/15) Short-term (Neutral) : Intermediate Term (Neutral) : Long-term (Negative)