Investment Tips 21-11-2023 14:02 22 Views

Sector Spotlight: S&P 500 – Consumer Discretionary Sector Holds the Key

On this episode of StockCharts TV’s Sector Spotlight, I dive deep into rotations for asset classes and sectors. Bitcoin, as a proxy for crypto currencies as an asset class, is shooting off into the leading quadrant, while commodities are losing strength and stocks are back in the lead. In sectors, we see a move away from defensives, while Technology has jumped to new all-time highs. The Consumer Discretionary sector is currently putting some pressure on the market from a relative perspective, and therefore seems to be holding the key for a broader participation and stronger S&P 500.

This video was originally broadcast on November 20, 2023. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube.

Past episodes of Sector Spotlight can be found here.

#StaySafe, -Julius

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