Highlighting Current ETF Sector Performance

  • XLP Consumer Staples (down 5% from its prior high)
  • XLU Utilities (down 9% from its 2013 high)

For those wanting to buy strong stocks in strong sectors in a rising stock market, continue to focus on the top performing sectors which continue to be Industrials and Consumer Discretionary.

I know it’s tempting to buck a trend and find a bottom, but try to avoid stocks – especially weak stocks – in the Staples and Utilities sector.

As we’ve seen from many cases including a recent example in GameStop (GME), stocks (and sectors) that are strong continue to get stronger as money flows into them and they outperform the broader market along with other sectors in terms of relative strength.

This article is brought to you courtesy of Corey Rosenbloom from Afraid to Trade.

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