div > div.group > p:first-child"> Of course, in 1998 the S&P groupings looked a little different than they do today. Today, there are 11 sectors. Back then, there were 10. Real estate wasn't a sector, and what's now communications services was still called telecommunications.Industrial stocks have firmly led the way this year, rising more than 18 percent. And after looking at the charts Miller Tabak's Matt Maley says this is still the place to be.
Given the sector's outsized gain — it has bounced 26 percent from its December low — Maley says it looks"a little overbought nearer term," but this kind of"momentum" should"keep it going for a while." Michael Bapis, managing director of Vios Advisors at Rockefeller Capital Management, agreed, saying he still believes in the technology space."The companies in the technology space who haven't performed, they're starting to perform," he said.
Maley also has his eye on a relative under-performer — utilities. That sector is the second-worst performer after health care, after notching a 7 percent gain for the year. He argues that from a technical standpoint, it looks like it may be on the verge of a breakout.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Why are you always selling headlines? Just tell us in the headline
Smoke and mirrors... get your stock here... free stock supplied by Mnuchin and Powell to all,bankers... 3 for 1 deal, as long as the people don't know the truth, who cares
Thank you Donald Trump! 😊
that's stocks they always do something different don't wory. STAY BUSY-- TAKE IT EASY
CNBC 😊
MAGA
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
This group of stocks is among the first to roar back to all-time highsSoftware stocks are among the first to fully make back the December losses, beating the market and the rest of the technology sector.
Source: CNBC - 🏆 12. / 72 Read more »
When markets turn choppy, these stocks will be the first ones hedge funds bail onJefferies' equity strategist Steven DeSanctis warned investors of the darling stocks the most active funds own. PPL sales they will get hurt There have recently been several Red Flags of a slowing Economy. Trump & the Republicans have over cooked the Golden Goose Obama left them. 2008 Bush a Republican did the same thing. Read this report & prepare to rebalance your portfolio.
Source: CNBC - 🏆 12. / 72 Read more »
Why bullish investors could be the death of this stock market runOur call of the day from Slope of Hope’s Tim Knight, says investors need to pay attention to their fellow investors, who are so bullish they could drive the second-best start for stocks since 1987 right off the road.
Source: MarketWatch - 🏆 3. / 97 Read more »
Three stocks to buy for a health-care comebackHealth-care stocks are trailing the S&P 500, but investors could find profits in some medical device plays, says stock-picking expert Matt Maley. how come those health-care companies will be survive under Democrat socialist agenda ? 😎
Source: CNBC - 🏆 12. / 72 Read more »
Stocks extend winning streak as economy strengthens—five experts weigh inStocks continue their rally on the back of better-than-expected GDP growth. Here's what it means for the economy and the Federal Reserve. Pump pump pump! This is all gonna end up really badly. ok ok
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Tesla, Gap, Nordstrom, Dell & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »
Zscaler, Splunk stocks eye new records after earnings beats, analyst price hikes
Source: MarketWatch - 🏆 3. / 97 Read more »
Opinion | How Debt Makes the Market VolatileOpinion: Stocks are becoming more sensitive to interest-rate hikes because the global economy is overleveraged And that is why student loan debt is the most sought after debt, 100% guarenteed returns! That is why it is not bankruptable, bc of the 1%ers desire to have debt in their financial portfolios. Opinion: Stocks are becoming more sensitive to interest-rate hikes because the global economy is overleveraged by about a hundred trillion dollars. In Australia, our economic brains want to lower interest rates so people can borrow more to pay off their debts. Simples.
Source: WSJ - 🏆 98. / 63 Read more »
Investors don't understand just how important China is for European stocks, asset manager saysInvestors don't seem to understand the importance of China's economy for European stocks, particularly for Germany and Northern Europe, according to Philip Saunders, co-head of multi-asset at Investec Asset Management. Who are these “investors” with neither brains, nor AI ? Is that why Europe has turned a blind eye to their human rights abuses and kowtow like an eunuch these days? merkel is trash
Source: CNBC - 🏆 12. / 72 Read more »
Credit Suisse on stocks: 'We love China at the moment'Credit Suisse sees further upside for the Chinese markets, even after shares on the mainland made their largest monthly gain in almost four years in February.
Source: CNBC - 🏆 12. / 72 Read more »