Here is the performance of the XJO versus Materials, Energy and the Financials for this year.
Draw your own conclusions, but those on this thread who identified portfolio rebalancing in recent institutional buying and selling have some evidence to support their assertions. The financials have recently underperformed materials, energy and the XJO. Materials in particular had defied market-gravity until this last week!![]()
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wiggles wednesday, page-22
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8,023.9 |
Change
-3.100(0.04%) |
Mkt cap ! n/a |
Open | High | Low |
8,027.0 | 8,027.0 | 7,990.3 |
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