Subject: OT: Let this sink in
O'Neil's Strategist, Kenley Scott, notes the extreme performance divergence of Tech, Staples, Health Care and Utilities YTD.
In the charts below, Tech has only outperformed the SPX by this much in only 6% of all weeks since 1970. Staples, Utilities and Health Care have only lagged this much in 5%, 2% and 7% of all weeks since 1970.