Crossing Wall Street: Your Guide to Financial Success, Hosted by Eddy Elfenbein
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November 21, 2005 Sector Rotation

The times they are a-changin. For two years, energy and utility stocks led the market. Recently, they’ve been the worst sectors.

What’s taking the lead? Financials. The S&P 500 Financial Index (^SPSY) hit an all-time high on Friday. Here’s how the S&P 500 sectors have done since September 28.

Financials 8.63%
Materials 7.86%
Industrials 4.86%
Tech 4.84%
Discretionary 3.53%
Telecom 2.02%
Staples 1.88%
Healthcare -0.27%
Utilities -6.70%
Energy -9.40%

If the consumer discretionary and staples sectors show some more strength, then I think this rally can last.

Posted by edelfenbein at November 21, 2005 6:42 AM

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