It was another highly correlated selloff for the equity
markets this week. Unlike last week when
precious metals related equities were able to buck the downward trend, this
week they were absolutely hammered. You may
want to keep an eye on the weakness in utilities for a buying opportunity. Though I have yet to release my historical
sector analysis for the month of December, I can tell you that the average
utilities fund has finished in positive territory twenty-four out of the last
twenty-five months of December. The one down
year was only an average negative performance of .88%.
|
S&P 500 Index
|
-1.36%
|
||
|
Asset Classes
|
Sectors
|
||
|
Domestic Large Cap Value
|
-1.58%
|
Technology
|
-1.87%
|
|
Domestic Mid Cap Value
|
-1.53%
|
Consumer Discretionary
|
-0.90%
|
|
Domestic Small Cap Value
|
-2.19%
|
Financials
|
-1.77%
|
|
Foreign Large Cap Value
|
-1.59%
|
Telecom
|
-1.54%
|
|
Foreign Small/Mid Value
|
-1.76%
|
Industrials
|
-2.18%
|
|
Domestic Large Cap Growth
|
-1.06%
|
Utilities
|
-0.96%
|
|
Domestic Mid Cap Growth
|
-1.22%
|
Natural Resources
|
-2.48%
|
|
Domestic Small Cap Growth
|
-1.84%
|
Real Estate
|
-1.90%
|
|
Foreign Large Cap Growth
|
-1.69%
|
Health Care
|
-0.65%
|
|
Diversified Emerg Markets
|
-1.60%
|
Energy
|
-1.77%
|
|
Gold & Precious
Metals Equities
|
-7.69%
|
Consumer Staples
|
-0.62%
|
|
Real Estate
|
-1.90%
|
||
|
Broad-Basket Commodities
|
-0.40%
|
||
|
Regions
|
|||
|
Europe Stock
|
-1.51%
|
||
|
China Region
|
-1.55%
|
||
|
Japan Stock
|
1.06%
|
||
|
Latin America Stock
|
-2.27%
|
Jon R. Orcutt is the founder of Allocation For Life, Author of The Allocation For Life Investment Newsletter, Author of "Master The Markets With Mutual Funds: A Common Sense Guide To Investing Success" and manager/creator of the AFL Models available to Allocation For Life subscribers at Folio Investing.
www.allocationforlife.com
