Defensive Sectors Are On The Rise
Posted on April 20, 2012 at 15:43 PM EDT
Recent correction of stock market (SPY) has somewhat stabilized. However, market internals do show that defensive stock sectors such as Consumer Staples (XLP), Healthcare (XLV) and even Utilities (XLU) have been rising, while in the meantime, financial stocks (XLY) have lost their appeal. The following is the latest trend ranking for US stock sectors: Assets [...]
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