Here’s an interesting observation: At the rate US stocks are rising, this could be the year of the “Perfect 10,” a year when all the ten industry groups in the S&P 500 (INDEXSP:.INX) could notch gains of 10% or more for 2013, something which hasn’t been seen in nearly twenty years. With the S&P 500 (INDEXSP:.INX) at life highs, Citi strategists Tobias M Levkovich, Lorraine M Schmitt and Christina Wood give us a reality check on whether this awesome rally still has legs. Their Monday Morning Musings report analyzes sectors to check whether the S&P 500 (INDEXSP:.INX) has run on ahead of earnings….
S&P 500 Sector View: No Kudos To CEOs For This Year’s ‘Perfect 10’
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.