A shortened trade week due to New Year celebrations fell early at the start, and soon recovered by Thursday. However, stocks tumbled on Friday as world tensions rose.
Total Report (Since October 11th, 2019)
Positive Performing Sectors
1. Industrials (+9.99%)2. Consumer Discretionary (+8.87%)
3. Healthcare (+7.57%)
4. Information Technology (+4.68%)
5. Energy (+4.38%)
6. Consumer Staples (+4.12%)
7. Communication Services (+3.97%)
8. Materials (+2.13%)
9. Financials (+1.27%)
Negative Performing Sectors
10. Utilities (-1.81%)
11. Real Estate (-6.41%)
Weekly Report (January 3rd, 2020)
Positive Performing Sectors
1. Energy (+0.58%)
2. Industrials (+0.44%)
3. Financials (+0.24%)
Negative Performing Sectors
4. Communication Services (-0.05%)
5. Information Technology (-0.29%)
6. Healthcare (-0.63%)
7. Consumer Discretionary (-0.87%)
8. Real Estate (-0.96%)
9. Consumer Staples (-1.11%)
10. Utilities (-2.00%)
11. Materials (-2.88%)
GICS Sector Performance Ratio - Balanced: From 7:4 (63.64%) to 3:8 (27.27%)
Review
The New Year's week had started off rough with a light sell-off before making back gains on Thursday, only to tumble back down by Friday as investors consider increasing world tensions and the subsequent effects it may have on global trade. This has brought GSPR-B to trend downwards to its lowest point recorded thus far, and should these tensions be realized, it would be expected for the economy to enter into a recession soon after. However the likeliness of any substantial conflict materializing is limited, as the benefits of global stability and security far outweigh the existential threats of modern society. It can be expected that stocks will recover if there is no further escalation and provocations in world politics.
Last Week's Update (December 27th, 2019)
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