The Sectors really put on a good show this week along side the back-and-forth election expectations and growing impact of the pandemic.
First is was Energy (XLE) on Monday with Technology (XLK) and Communications (XLC) taking a back seat. The one all the way in the back.
Then it was Industrials (XLI) chance to be out in front with hopes of a "blue wave" stimulus that would benefit the sector.
Next the election completely flipped investors on expectations for the "blue wave." Health Care (XLV) soared to the top, followed by Technology (XLK) and Communications (XLC).
From there, Technology (XLK) took back the top spot as the week's leading sector and continuing its leadership for the year.
Energy (XLE) ended up the worst performing sector and continuing to be the worst sector of the year.
First is was Energy (XLE) on Monday with Technology (XLK) and Communications (XLC) taking a back seat. The one all the way in the back.
Then it was Industrials (XLI) chance to be out in front with hopes of a "blue wave" stimulus that would benefit the sector.
Next the election completely flipped investors on expectations for the "blue wave." Health Care (XLV) soared to the top, followed by Technology (XLK) and Communications (XLC).
From there, Technology (XLK) took back the top spot as the week's leading sector and continuing its leadership for the year.
Energy (XLE) ended up the worst performing sector and continuing to be the worst sector of the year.
