Sectors Plus
May 17, 2021
Stay focused on value sectors (Financials, Materials and Energy), small-cap indices like the Russell 2000 (RTY) and value stocks within retail. Retailers spent the last year taking down SG&A costs and US consumer balance sheets are in their best shape in more than 40 years with upcoming catalysts: 1) a child tax care credit beginning in July worth an additional ~50% of the recent stimulus checks; 2) the first real back-to-school cycle in 2 years with athletics and; 3) a potential denim-driven fashion cycle.
| Read more |