First Half Sector and Stock Performance

Below we highlight sector performance for the first half of 2008.  As shown, Energy and Materials were the two sectors in the S&P 500 that were up in the first half, while the other eight were down.  Financials suffered the most with a decline of 30.9%, and they were followed by Telecom, Industrials, Consumer Discretionary, Health Care and Technology.

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Below are the 25 stocks in the Russell 3,000 (currently >$5) that were up the most in the first half.  James River Coal (JRCC) is up the most so far this year at 424%, followed by HUSA (267%), PCX (267%), GDP (266%), and FINL (259%).  There are a total of 35 stocks in the index that were up more than 100% in the first half.