Summary
Short-term sector performance is changing from a late-cycle orientation to a more bullish alignment.
Longer-term performance is still late-cycle.
I take a deeper look at the basic materials sector.
Just to set this week’s column up, over the last few months, we’ve seen the sector performance take on a decidedly late-cycle orientation, with healthcare, utilities, and consumer staples outperforming other sectors. Let’s see if that’s still the case, shall we?
Read more at : https://www.investing.com/analysis/sector-etf-week-in-review-for-september-200345175