16 Days and Counting…

According to my math, there are 16 more days that the stock market is open until this decade is history.  Over the last 119 months, the S&P 500 has posted a total return of -10.8%.  3 out of 10 major sectors have contributed to the negative return:  Technology (-54.1%); Telecom Services (-52.4%); and Financials (-21.7%).  The other seven sectors from best to worst are:

Energy (+149.4%)

Consumer Staples (+66.9%)

Materials (+56.3%)

Utilities (+52.4%)

Health Care (+27.5%)

Industrials (+6.9%)

Consumer Discretionary (-15.5%)

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