In this bull market, Information Technology stocks have performed best during Q4 earnings seasons
IT stocks have performed best during Q4 earnings seasons over the last decade 10:03 AM ET Wed, 16 Jan 2019 | 00:55
Earnings reporting season for Q4 2018 results is off and running this week.
The major financial institutions are first out of the gate.
Over the past decade, the composite S&P Financials Sector has been the worst-performing of the major market sectors, straight through from the beginning to the end of fourth quarter earnings season.
Defensive sectors like Healthcare and Consumer Staples are top-performers at the beginning of the season.
But it’s the Information Technology Sector that ultimately ends up as the Q4 season winner, by a healthy margin.