The current bull market, which started in March 2020, is beginning another leg up, but the market leadership has changed slightly. The discretionary sectors are now doing better than the defensive sectors. Small caps and transports are getting to the market leadership position. It behooves to change the portfolio mix, and it is time to get overweight on the leading sectors and underweight on the lagging sectors.
Note: The charts and data are as of Friday April 5, 2019. To enlarge please click on charts. International Equities World equities are on an upswing. The S&P 500 stumbled a bit in the early part of 2018 and then again in Q4 too but since then it is rising consistently (see Chart 1) It…
Friday, September 9 2016, was a panic sell day around the world when the S&P 500 broke out of its narrow range day to a large decline of more than 2.27%. It was 90% downside day – when 90% of the volume is to the downside. The market participants were nervous for quite some time and…
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