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.

Hope Springs Eternal

Way back in July, we got to a level of stress historically consistent with the Fed coming in to save ... Read More


Managing the Chaos

We’ve had quite a bit of chaos of late, between non-Fed banks shifting a little towards protecting their economies ... Read More


Fed Pivot?

The BoJ pivoted with their repeated yen interventions and the BoE intervened to bail out pension funds. Perhaps the Fed ... Read More


What Would You Say You Do Here?

Clearly, things are getting exciting in asset-land. Unfortunately, exciting usually isn’t a good sign when it comes to asset ... Read More



I don’t intend this blog to be a weekly blow-by-blow of what’s going on in the market, but ... Read More


Shall We Dance?

Where do markets go from here? It seems like there are a lot of strongly held ideas out there, but ... Read More


How To Invest Now

Frankly, this environment is very complicated, probably the most complicated in the 23 years I’ve been doing this. I’m ... Read More


The Fed is in a Pickle

To cut to the chase, the Fed is now in a no-win situation. They waited way too long to remove ... Read More