Sunday 19 May 2013

Tech & Cyclicals Continue to Outperform

In my most recent article on MarketWatch, I highlighted that in the last few weeks, the cyclicals such as tech/industrials have started to outperform the non-cyclicals which have dominated this rally for the majority of the time frame.

Well, another week has passed and the trend continues.  Below is the results from this week.

The cyclicals outpaced the defensive non-cyclicals by about 0.6%.  Not bad.  If you had just continued to index, you would've also still done well however.

The best sector last week however was financials.  XLF was up 3.6%.  Insane.

Sector:
Gain for the week
Industrials (XLI)
2.27%
Tech (XLK)
2.19%
Utilities (XLU)
1.23%
Cons. Stpl (XLP)
1.90%
S&P 500 (SPY)
2.16%

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