Sectors on the Move

27Apr09

The upward trends of March have continued through the month of April. The DOW and S&P are continuing to climb back towards positive territory for the year, and the NASDAQ continues to outperform at positive 7%. Three of the leading sectors continue to be technology, financial services and natural resources, especially since the March 9th lows. The DOW has continued to hover right around the 8,000 level for the entire month of April, which seems to be a very positive sign. Key indicators such as housing starts, durable goods orders and consumer confidence keep ticking upwards, and much of the uncertainty surrounding this tough has been answered at this point.

Our models have all turned positive for the year, far outperforming the relevant indices, and we see nothing to make us believe that trend won’t continue. The focus we’ve placed in tech, financial services, natural resources, large cap growth and emerging markets seems to be spot on and ready to move.

If you would like to learn more about our firm, our investment outlook, or how we work with 401(k) or individual investors, please feel free to contact our office and we’ll be happy to schedule a time to meet.

Best regards,

Ron Sloy

Learn more about Ron Sloy.

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