Low Energy
Energy stocks have underperformed the broader market in 2012 and the trend doesn’t appear to be changing anytime soon. The Energy Select Sector ETF (XLE) is flat year-to-date in 2012 compared to an 11% gain for the broader market.
Energy stocks have underperformed the broader market in 2012 and the trend doesn’t appear to be changing anytime soon. The Energy Select Sector ETF (XLE) is flat year-to-date in 2012 compared to an 11% gain for the broader market.
The day after we posted Looking for a Bottom? Start with Sectors, the market tested a new 52-week low and sector performance was telling.
With the US equity market recently hitting a new 52-week low, investors are still waiting for the market to bottom out.
There are close to 200 sector, sub-sector and industry focused ETFs in the ETF MarketPro Directory.
Jessica has been investing for awhile and took steps a couple of years ago to begin to diversify her portfolio. However, she is now concerned that the portfolio isn’t correctly balanced and wants to minimize any selling due to tax consequences.