I generally feature a stock in our EB Digest, but today I simply want to remind everyone that three areas of the market tend to outperform SUBSTANTIALLY during secular bull market advances.
Since the 2000 and 2007 highs were cleared on the S&P 500 on April 10, 2013, the S&P 500 has gained 148.11% in just under 8 years. The three sectors that have CRUSHED the S&P 500 over this time frame are:
Technology (XLK):
+390.04%
Communication Services (XLC):
+283.71%
Consumer Discretionary (XLY): +241.51%
I wouldn't write off any of these three as we move forward. In fact, short-term weakness is an opportunity in my view. Here's a current look at the XLY: