New Sector Leaders Emerging

After Monday's huge gain there were some sectors that had follow through rallies yesterday, and some that did not.  The chart below highlights the ten S&P 500 sectors and their gains both on Monday and on Tuesday. 

As shown, the financial sector had the largest gain during Tuesday's market decline, but the energy sector has had the largest total gain since the market's recent bottom.

click to enlarge

Comments

[whidbey:]

Kool is a penny stock with a survivor quot score of 1.5. It is likely to disappear one night in a small bankruptcy. Very interesting work however, maybe a merger is best?

2008 Oct 15 09:56 AM

[mrresponsible:]

Maybe a more accurate picture would look at sector performance from the beginning of Friday, Oct. 10th throught Wednesday Oct. 15th. or longer

2008 Oct 15 10:29 AM