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| By Jordan Chussler |
We’re now halfway through January, and a quick glimpse at the S&P 500’s 11 sectors shows a similar trend to how the market performed throughout 2022.
In short, energy is leading the way.
After the sector ended last year in the green — the only sector to do so — with a gain of 64.56%, it’s looking strong out of the gate so far in 2023.
Over the past month, energy is up over 7%, tops among all 11 of the S&P sectors. And in the past five days, it’s gained over 4%.
However, outside of energy, there are profits to be made in other recession-resistant and relatively inelastic sectors like healthcare and materials, the latter of which led the market over the past week.
To better understand how those sectors will likely continue providing opportunities for investors, here are this week’s top stories from your favorite Weiss Ratings experts.
A Health Check for Your Portfolio
The market just logged its worst year since 2008 as inflation, rising interest rates and fears of a recession dominated headlines. But according to Senior Analyst Sean Brodrick, there’s always a bull market somewhere, and investors can turn to healthcare, its associated companies and one exchange-traded fund in particular to position themselves for profit.
VIDEO: Market Minute with Kenny Polcari
This week, Financial News Anchor and Analyst Kenny Polcari discusses on the week’s macroeconomic data, and how the Consumer Price Index will shape the Federal Reserve’s reaction after its forthcoming Jan. 31–Feb. 1 meeting.
The Best Defense Against the ‘Great Money Nightmare’
U.S. federal debt just reached $31 trillion. State and local government debt adds another $6 trillion. As America’s public debt and its interest balloon beyond the point of return, Senior Editor Tony Sagami reports on the best defense against fiscal doom.
5 Big Retirement Changes for 2023
With the aim of helping Americans bolster their retirement savings, Congress recently passed SECURE 2.0 and its 90 provisions to get people to save more, improve current retirement rules and lower costs for employers to set up retirement plans. Investment Analyst Nilus Mattive details the new law and how you can use it to your advantage.
Why the Elon Musk Twitter Saga has Hurt Tesla
The latest Tesla production and delivery data is out, and it is far below expectations. Pulitzer Prize winner Jon D. Markman clarifies what the numbers mean for investors, the role the Twitter fiasco played and the implications for the electric-vehicle maker.
The American Nightmare … and Dream
Globalization brought with it cheap goods and cheap overseas labor. But the pandemic revealed flaws in the system, including propensities for supply chain disruptions, political upheaval and global inflation. Now, some 70% of U.S. corporations are bringing their manufacturing processes back home. Founder Dr. Martin Weiss details how investors can take advantage.
Until next time,
Jordan Chussler
Managing Editor
Weiss Ratings Daily
