FYI: Below we update our “year-to-date returns” heatmap for the S&P 500’s 10 major sectors. Looking at any point in time on the heatmap, the color coding shows the sectors that are doing the best and worst year-to-date at that point. Sectors with the darkest green shading are doing the best at that point in time, while sectors with the darkest red shading are doing the worst at that point in time. For example, at the end of March, Consumer Discretionary and Health Care were up the most year-to-date, while Utilities, Financials, Industrials and Energy were doing the worst.
2015’s real winner of a pair trade has been long Consumer Discretionary and short Energy. Health Care had been a leader up until August but has since collapsed, losing ground to improvements in Technology in the fall. In the table below the heatmap we show YTD returns for each sector through the end of that month. Please note that November YTD returns are through today’s trade.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/ytd-returns-heatmap-now-going-global/
