This was an unusually good week for US sectors with everyone moving into positive territory. There was some jostling for position with materials leapfrogging over industries but it was positive all around.
The concerns over the drama in North Africa didn't dampen the overall sentiment as there is increasing hopes for light at the end of the tunnel that US industries are emerging into more profitable days.
The trend score is defined as the average of 1,4,13,26 and 52 week total returns (including dividend reinvested).
Almost ignoring the crisis, materials continue to rise with the insidious rise of inflation and is likely to become a regular talking point.
Industries, led by strong aviation electronics reports also continue to do well as the US economy sees some light at the end of the tunnel.
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As we remarked earlier, all the US sectors have had a positive week in the light of continued bullishness in the market throwing off the concerns of Egypt, debt and mixed employment numbers.
We will see next week whether this trend continues or there is some change in sentiment.
Disclosure: MyPlanIQ does not have any business relationship with the company or companies who provide the ETFs in this article. The performance data of portfolios mentioned above are obtained through historical simulation and are hypothetical.