June 23, 2020, 12:51 pm EDT
Technology, Consumer, and Communication
These three leading sectors occupy leadership roles in day / week / month categories as shown
- Technology: AAPL +3%, MSFT +1%
- Consumer: AMZN +2%, NKE +2%
- Communication: FB +2%, GOOGL +1%
There are many strong stocks in these sectors so it is essential for portfolios to own stocks in these areas to participate in the rally. Software, semiconductor, internet, restaurant, retailer, gaming are examples of stocks.
Recently, we mentioned that biotech and pharmaceuticals are worthy of attention due to resurgences of COVD-19. Many stocks keep strong and rising up quickly: ARWR +6%, XLRN +3%, PTCT +2%, FOLD +2%, ALXN, AMGN, DXCM, VRTX, CERN, etc.