By: Tom Gentile
on March 3rd, 2021
Rising bond yields were the apparent boogeyman to the equities markets today. The S&P 500 fell 1.3%, the Dow Jones Industrial Average closed down 0.38%, lower and the NASDAQ was down 2.7%.
Here is my last entry of last weeks ‘front page’ of the newsletter.
A good place to start looking at opportunities could be sectors like Industrials
XLI, Materials XLB, and Energy XLE.
Take a look at their performance over the last 5-days compared to the other
ETF sectors. The only other ETF performing well is the banks (XLF).
C1P Chief 1-Percenter