Birinyi's submits: Below we rank the daily price performance of the major S P sectors over the past 20 days.
Yesterday, real estate was the best performer while the communications equipment group was the worst.
We rank the performance over the past 20 days and sum the total to get an overall feel for the direction of the markets. The top performers recently have been health care, consumer staples, utilities, and energy.
On the downside, transports, consumer services, and tech have been lagging, showing that investors have been moving much more to the defensive side as fears of inflation, recession, and high oil prices weigh on their minds.
News RSS