Mostly to prove that there is no use trying to time the markets or predict the next “hot” sector (and because I like the title), here again are the scariest and sweetest sectors of the stock market so far in 2024.
Sweetest sectors year to date as of 09/16/2024.
Think it’s Tech? Think again!
Utilities + 17.5%
Retail +14.6%
Healthcare +13.8%
Financial +13.7%
Technology +13.4%
Scariest…
Energy – 13.4%
Conglomerates -3.85%
Consumer non-cyclical -.77%
Transportation + 1.99%
Basic Materials + 3.5%
Not a terrible year when 2 of the 5 worst sectors are positive. Fingers crossed for a strong finish!
Source: https://csimarket.com/markets/Sectors1.php