It appears that markets are in rally mode again, with all sectors showing solid gains since the beginning of October 2011. The picture is similar to the previous year’s rally with Energy (XLE +22.25%) being the clear outperformer. Just this time, the financial sector (XLF +15.25%) is not among the worst performing sectors Utilities (XLU +9.46%), Technology (XLK +10.46%), Consumer Staples (XLP +11.15%).
[...] new sector comparison chart was initated at the start of this year. It was a rather daring move to turn bullish against prevailing sentiment at that time, but the [...]