Now that Financials have put up spectacular performance since March 9th, you may be wondering how much further Financials have to go.
To gain some insight into how things may play out, consider how the Technology sector fared following its boom and bust a decade ago.
After initially being a market leader off the bottom of the ’00-’02 bear market, Technology slugged along for years rather than remaining strong.
While anything is possible, I am not counting on Financials to provide market leadership for any extended period of time.
