Weekly S&P Performance

21 Feb 2016 22:32

Back to list of posts

The market finally strung together consecutive days of positive gains. Do not know if this is a temporary respite or start of a rally but it will be interesting to see where this goes. For the week every single sector was positive and it has been a long time since that last happened.

While the weekly performance was the best of all year it still was not enough to take most sectors out of the red in the YTD performance but it did decrease losses. What was confusing was no money was transferring out of the utilities and consumer staple sectors. For the week, these sectors added to their YTD returns which makes me wonder if it was large investment firms and hedge funds making most of the market moves while private investors continued rotating into utilities and consumer staples.

S&P Weekly Sector Perf S&P YTD Sector Perf

Comments: 0

Add a New Comment
or Sign in as Wikidot user
(will not be published)
- +

Unless otherwise stated, the content of this page is licensed under Creative Commons Attribution-ShareAlike 3.0 License