Cyclical Stocks Continue to Lead

Every so often I like to look at how economically sensitive stocks are compared with the rest of the stock market. My preferred metric is dividing the Morgan Stanley Cyclical Stock Index ($CYC) by the S&P 500.

Since August, this ratio has been racing higher. We’re close to taking out the recent high from November 7th which was the highest point of the last eight months.

Posted by on December 13th, 2012 at 1:32 pm

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