The Last Shall Be First and the First Last

Here’s a simplified version of what’s been happening in the market. This is the sector returns of the S&P 500 for the last three weeks and the three weeks before that.
Sector……………June 28 to July 19……….July 19 to August 9
Energy…………………..8.79%……………………-9.49%
Staples………………….1.61%……………………-1.34%
Healthcare……………..0.46%……………………-4.32%
Industrials………………6.41%……………………-6.59%
Tech………………………5.74%……………………-6.13%
Materials………………..7.58%……………………-9.98%
Telecom…………………-0.24%……………………-3.59%
Utilities…………………..5.02%……………………-4.72%
Discretionary…………..1.60%……………………-8.85%
Financials………………-0.81%……………………-7.43%
Notice a pattern?

Posted by on August 9th, 2007 at 10:37 pm


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