US Stocks Sector Performance

by Ashraf Laidi

Aug 24, 2017 19:30

In comparing the year-to-date sector performance for the S&P500 to that of 2016, the 2 most striking developments is the reversal in energy stocks from best performer in 2016 to the worst so far this year and the sharp rebound in healthcare stocks from the worst of 2016 to the 2nd best in heathcare. If utilities are seen as defensive stocks, then why are they are in the top 3?  How about technology --the top performer of the year is being manifested in NASDAQ's clear outperformance (+12%) of the S&P500 (+5%) and DOW30 (+6%). Technology overtook heathcare about 1 month ago. But have you seen the NASDAQ chart lately? Lower highs since late July. Keep these relative performance issues in mind.

Click To Enlarge

Click To Enlarge

More Hot-Charts

• Nasdaq, SP500 & Bitcoin Update

  Jan 16, 2025 12:27 | by Ashraf Laidi
  Will discuss the latest technical parameters on the WhatsApp Bdcst Group..

• Don't Forget EURGBP لا تنسى

  Jan 7, 2025 12:14 | by Ashraf Laidi
  سووف ادقق بالتفسير التفصيلي لمجموعة الواتساب . Detailed analysis and explanation will be provided on the WhatsApp Bdcst Group ..

• Nasdaq SPX Dow

  Jan 6, 2025 13:35 | by Ashraf Laidi
  Happy New Year. Here's a look at the daily charts (CFDs not cash).