All sectors were up for the year, but some were up more than others. In fact, of the nine sectors, only three outperformed the S&P 500 over the last 12 months: consumer discretionary, technology and materials. The remaining six sectors were up less than the S&P 500 and underperformed for the year.
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About the author:
Arthur Hill, CMT, is the Chief Technical Strategist at TrendInvestorPro.com. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed market technician. Arthur has written articles for numerous financial publications including Barrons and Stocks & Commodities Magazine. In addition to his Chartered Market Technician (CMT) designation, he holds an MBA from the Cass Business School at City University in London.
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