Sector of interest 10-Sep-2007: XMJ (Materials) & XHJ(Health Care)
September 9, 2007 – 7:57 pmBefore I start exploring Australian stocks market, I am thinking of identifying some strong sectors. XMJ (GICS Materials) and XHJ (GICS Health Care) sectors caught my attention at the moment.
I did a relative strength comparative between individual sector and XJO (S&P/ASX 200). Basically, I am trying to see the performance of the sector index in relative to major index. I am using S&P/ASX200 as my base index.
Health care sector look rather strong at the moment , while Material sector is making a come back now. I hope I have some time to examine some stocks in these sectors, or I might just trade the sector indices directly via CFD.
From the desk of Tradergav.com
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