Industrial sector continues to be one of the best sectors to trade in.
That is namely because Boeing (BA) is soaring through the stratosphere and they are and remain the best stock in the industrial sector. The best time to be buying into it is on any test of the 10-day moving average as it has held solid for two solid months. Utilities continue to rock as well, with new all-time highs.
Here’s what I see as the top 3 sectors right now:
- Industrials
- Utilities
- Technology
The 3 worst sectors are:
- Materials
- Healthcare
- Financials
Let’s review the sectors:
Basic Materials (XLB)
Energy (XLE)
Financials (XLF)
Industrials (XLI)
Technology (XLK)
Consumer Staples (XLP)
Utilities (XLU)
Health Care (XLV)
Consumer Disretionary (XLY)