Despite the poor market performance in January, some sectors
managed to buck the trend: With the SPX down 2.5%, the Dow sectors highlighted
below had a very respectable month.
10 Best Performing Dow Sectors
Source: Chart of the Day
CotD notes: “The best performing sectors suggest the market
is largely focused on a strengthening global economy and the resulting increase
in demand for energy and basic materials.”
Quote of the Day:
"[Fed Chair] Greenspan, who
consciously perfected the art of saying nothing, but saying it with exquisite
obscurity, has also done a wonderful job of rendering the Fed’s actions
ineffectual, at least when they take the form of anything but making credit
-Alan Abelson, Security and Securities, Barrons, February 7, 2005
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.