FYI: If you ever played the video game NBA Jam, you are no doubt familiar with the point in the game where a player would start to shoot so well that their hands would literally catch on fire. It was at that point that the player could temporarily shoot from anywhere on the court and the ball would go in accompanied by the announcer shouting, “He’s on fire!” In the market right now, the Industrials sector is on fire. While the various groups within the sector have seen mixed returns on a YTD basis, over the last week they have all traded higher. Besides the Energy sector, where there are just two industries, no other sector has seen every industry within it trade higher over the last week
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/industrials-sector-on-fire/M* Snapshot XLI:
http://performance.morningstar.com/funds/etf/total-returns.action?t=XLI®ion=USA&culture=en_US
