Happy New Year!!! Lets review 2015 as all mark to market prices are tabulated for stocks.
Indulge me for a few moments as we walk through what happened in each stock sector for the year. Four sectors had positive performance while six had negative performance.
Ranking them in order of performance:
Consumer Discretionary + 8%
Health Care + 4%
Technology + 3%
Consumer Staples + 2.5%
Telecom - 3%
Financials - 4.5%
Industrial's - 5.5%
Utilities - 10%
Materials - 11%
Energy - 24%
When you stand back and look at this it makes perfect sense.
The Consumer remained strong as QE continued to filter through the economy, both on the discretionary side and staples.
Health Care stocks benefited from IT and Technology.
Telecom continued it's decline as customers cut the cord.
Markets were flat which was reflected in Financials.
China leveled off which effected Industrial's, Utilities and Materials.
It makes perfect sense when you look at markets at the end of each year.
We will be breaking down each sector in upcoming articles.
Thank You for reading. The Equities Research staff is looking forward to assisting you in 2016 !!!
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