Monday, February 27, 2012

Top Performing Sectors Today

The financials led the way today with the SPDR Financial ETF ($XLF) up 0.75% and back to the upper end of the month-long consolidation pattern. A breakout above $15 will start a new buy signal for the financials.

Another risk-on sector rallied today with the SPDR Consumer Discretionary ETF ($XLY) closing up 0.6%, its best close ever! A pullback to $42 would be the next buying opportunity.

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