The Best Performing Sector Of The S&P 500 Is…
Jan 27th, 2009 | By Charles Delvalle | Category: Chart of the DayYears ago when I was in high school – having fun and chasing girls – the last thing I ever thought I’d enjoy was spending my mornings with a freezing cup of iced coffee, looking at how sectors of the S&P 500 performed over the past 365 days.
I’m convinced that if the old me met the new me, he’d want to slap me. But then again, the new me is getting paid. The old me waited for a $20 handout at the end of the week from his father.
Back to the topic at hand – take a look at the sector of the S&P 500 did the best this past year…
If you’ve just looked at this chart of the Consumer Staples Select Sector SPDR (NYSE:XLP) and thought to yourself “that doesn’t look good at all”, you’re not alone.
After all, you still would have lost about 15%. But you didn’t lose nearly as much as you would’ve had you put your money in any other sector.
For instance, you would have lost 32% had you put your money into the Energy Select SPDR (NYSE:XLE) instead. And the Financials Select Sector SPDR (NYSE:XLF) did dreadfully worse, losing about 68%.
The fact that the consumer staples have weathered this recession the best so far means that when things get better, they could be the first sector headed higher.
Advertisement
Ready to diversify globally? At EverBank©, you can choose from more than 20 individual currencies, including some like the Czech koruna and the Brazilian real that are just emerging.
You understand the value of diversifying beyond the U.S. dollar. And at EverBank, you'll find a range of currencies and accounts that makes diversifying in foreign currency easy and convenient.
Apply today, get expert insights and more. Visit EverBank.com or call 800.926.4922.
Charles Delvalle is a self-taught market-timing professional and value analyst who's followed and invested in the market for the past ten years. He uses a unique combination of technical and fundamental research to pinpoint rapid profit opportunities with stocks and options.
Charles is also a staunch contrarian and takes pride in finding undervalued sectors and discovering undervalued, cash-rich companies. He frequently mocks government stupidities and points out the "inaccuracies (or lies, take your pick) that government reporting frequently dispels as "truth".
