FYI: Even if you are just a casual observer of the markets, you have likely seen how the worst performing stocks from the start of 2016 through the S&P 500’s closing low on 2/11 have been among the best performers since 2/11. Like individual stocks, we have seen the same trend play out for the S&P 500’s 60+ industries. The chart below compares the performance of each industry over the time frames YTD through 2/11 and 2/11 through 3/21. Generally speaking, the groups further to the left in the chart (weaker YTD returns through 2/11 are higher up on the chart (stronger returns since 2/11) than those industries further to the right
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/group-performance-in-2016/