Let's look at how the different sectors move in 2006 to possibly learn more about the insights of the stock market:
At the start of 2006, cyclicals, energy and small caps led the way. When the market hit a peak in May and then sold off, many investors rotated into more-defensive stocks including large caps, consumer staples and health care. But after the market's double bottom in June and July, the rally gathered steam again on the back of the old small-cap, energy and cyclical leadership. (excerpt from Business Times, 3rd Jan 07)
If you are interested to find out more, I have linked some of the above terms to website of relevant interest.
Wednesday, January 03, 2007
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1 comment:
what happened? You and your buddy became so quiet?
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