05/27
Best performing sectors today and this week are financial and industrial. As we all know that these two sectors are core sectors to both index and economy. Money center banks, BAC, C, WFC and investment banks GS, MS, JPM perform very well from about 1-2 month base. Industrial power comes from defense, aerospace, and transport as tension between US and China rises.
Even though Nasdaq or technology pullback during this time after a fast run, having financial and industrial are strong enough to carry stock markets into higher ground.
