Wendy Boyd
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All posts from Wendy Boyd
Wendy Boyd in Historical Parallels,

Worst becomes first

Energy still October’s best performer with Monday selloff

FactSet/MarketWatch

Battered energy, materials, and industrials stage October rally.

Market strategists are split in their opinion when it comes to the recent rally in the S&P 500’s weakest sectors of the year: While some think it is the bull market gathering its second wind, others see it as an unsustainable bear rally.

According to Sam Stovall, Dow Jones Industrial Average, the S&P 500 index and the Nasdaq Composite Index all exiting correction territory. So it should come as no surprise that the worst sectors of the correction are now the leaders.

S&P Capital IQ

Historically speaking: Worst becomes first.

So shall I consider the exchange-trade fund route with the Energy Select Sector SPDR ETF, the Materials Select Sector SPDR ETF and the Industrials Select Sector ETF?