The US markets are closed today, so it's a good time to take a big picture look at how the sectors are performing
The US markets are closed today, so it's a good time to take a big picture look at how the sectors are performing. Using the 250-day total return, the top performing sector has been healthcare, up 37.8% (which should put to rest any notion that Obamacare is bad for the industry). Next in line were industrials and consumer discretionary, each up roughly 34%. Financials also finished above the broad market average with 31% gains. On the flip side, utilities were the worst performing stocks, up just 11.1% - no surprise given the defensive nature of that sector. Energy was the next worst, up 17% over the last 250 days. I believe energy is due for the biggest rebound in 2014. In general, smaller stocks outperformed larger stocks and growth outperformed value.
I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...
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