The Consumer Discretionary SPDR (XLY) and the HealthCare SPDR (XLV) are the top performing sectors year-to-date. Both are up over 40% and easily outperforming the S&P 500 SPDR (SPY), which is up a mere 29%. The Industrials SPDR (XLI) will take third place and the Finance SPDR (XLF) will end up fourth. This means three of the four offensive sectors led as the market in 2013.
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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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