Don't Ignore This Chart

A Rough Week for Utilities

It was a short week, but stocks moved higher with eight of the nine sectors gaining. As the PerfChart below shows, the consumer discretionary and technology sectors led with 2+ percent gains. The utilities sector was the lone loser with a 2.83% loss. Also notice that the consumer staples sector gained just .37% and lagged the others. Money was clearly moved into offensive sectors this week.  

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