Below you will find pages that utilize the taxonomy term “MER”
For the past 65 days the Consumer Discretionary and Financial sectors have been underperforming the S&P500. This is no surprise because in my mind they are mutually reinforcing, both positively and negatively. Of course I’m oversimplifying here when I say this, but when money is loose and easy to get, the general consumer shops more. This in turn grows earnings in those sector companies. I’m a longterm betting man so my money is looking for beaten up financial companies like Citigroup (C) (long already) and maybe Merrill Lynch (MER).