Discretionaries Take the Lead
Here’s a breakdown of how the S&P 500 sector groups did during the recent down leg from October 17th to the post-election low on November 15th, and then on the recent rally since November 15th.
Sector |
Oct-17 to Nov-15 |
Nov-15 to Nov-28 |
Discretionary |
-5.41% |
5.48% |
Industrials |
-5.79% |
4.47% |
Staples |
-5.95% |
4.39% |
Telecom |
-6.38% |
2.30% |
Healthcare |
-6.59% |
3.16% |
Financials |
-6.99% |
3.41% |
S&P 500 |
-7.36% |
4.18% |
Materials |
-8.55% |
4.78% |
Energy |
-8.81% |
3.40% |
Utilities |
-9.20% |
2.06% |
Tech |
-9.59% |
5.47% |
What’s interesting to note is that Consumer Discretionaries were down the least, and then up the most. Utilities came very close to being down the most and up the least.
Posted by Eddy Elfenbein on November 28th, 2012 at 10:03 pm
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His Buy List has beaten the S&P 500 by 102% over the last 17 years. (more)
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