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.
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
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