The Reversal Market of 2012

One of the interesting facts of this year’s market is how much it’s the complete opposite of last year’s market. Bank of America ($BAC), for example, was one of the worst stocks to own last year and it’s been one of the best this year (+46%).

Here’s a look at how the different S&P sectors performed last year and this year so far. Notice how (except for telecom which probably shouldn’t be its own sector) the rank ordering is almost completely inverted from 2011 to 2012.

Sector 2011 2012
Financials -18.41% 13.42%
Materials -11.64% 12.59%
Tech 1.33% 11.47%
Industrials -2.92% 9.84%
Discretionary 4.41% 8.75%
S&P 500 0.00% 7.34%
Energy 2.77% 5.42%
Healthcare 10.18% 3.84%
Staples 10.53% -0.26%
Telecom 0.84% -2.11%
Utilities 14.83% -3.11%

Posted by on February 8th, 2012 at 8:06 pm


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