The stock market could involve the S&P 500, Dow Jones, Nasdaq, Russell 2000 and other global markets including the Chi-next, DAX, Nikkei, MSCI or EAFE. While it's easy to track the individual indexes there is value to look beyond the surface into specific industries, sectors and companies. The stock market is typically divided into 11 key sectors representing major areas of the economy. Within each sector there are a number of publicly traded companies that share the same core focus or client base. Investors interested in investing in a specific sector or area of the economy may look at a sector based portfolio management strategy. The eleven sectors of the stock market include:
  1. Financials
  2. Utilities
  3. Consumer Discretionary
  4. Consumer Staples
  5. Energy
  6. Healthcare
  7. Industrials
  8. Technology
  9. Telecom
  10. Materials
  11. Real Estate
Each sector will have it's own dynamics which can make it more attractive or less during each market cycle, business cycle or interest rate environment.
 

We Had Our Fun, Now We Pay the Bill

We had quite the party with our trillions in stimulus payments, didn’t we? The problem was, we were always ... Read More

 

Wake Up!

We got a big wakeup call at the end of what we thought would be a sleepy week. Two things ... Read More

 

The Light At the End Of the Tunnel?

Just to briefly review, our attitude was that while there wasn’t a screamingly obvious time to buy, lately, the ... Read More

 

Margins On Watch

We’ve started to see more margin warnings, particularly from retailers. That shouldn’t be all that surprising, but it’... Read More

 

Racecar

We’ve been slowly buying over the last week or two, while the market has been declining. Why? The very ... Read More

 

Managing the Bear

A provocative title? As of Monday night, I show the Nasdaq 100 as down 25% YTD, the Russell 2000 down 21% and the S&... Read More

 

The Beatings Will Continue Until Morale Improves

April was the worst month for the Nasdaq since 2008. The S&P 500 had the worst monthly performance since the ... Read More

 

Quarters

First, let’s quickly go over the quarter. Stocks broadly peaked the first day of the year, and it seemed ... Read More