drewby4321

Sector Winners and Losers week ending 5/28

SP:SPX   S&P 500 Index
Growth sectors stole the show this week as investors put inflation worries aside and boosted Communications ( XLC ) and Technology ( XLK ) early in the week. The focus was on the growth sectors from Monday to Wednesday. Technology faded back in the list, buy Consumer Discretionary ( XLY ) joined Communications to end the week at the top of the list.

On Thursday, there was a rotation into cyclicals, bringing Industrials ( XLI ) higher in the list. Industrials ended the week in fourth place.

Friday brought out the defensive plays heading into a three-day weekend and the start of the summer months. That gave a boost to Real Estate ( XLRE ), Health Care ( XLV ), Utilities ( XLU ), and Consumer Staples ( XLP ). Real Estate ( XLRE ) ended in third place for the week, while Health Care and Utilities remained at the bottom two sectors for the week.
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