Sector and Stock Performance Since Oil's Peak

by: Bespoke Investment Group August 12, 2008 | about stocks: BRL / CHK / CNX / COG / FHN / FITB / FNM / FRE / IVV / IYZ / MBI / NBR / ODP / ROH / RRC / SPY / XLB / XLE / XLF / XLI / XLK / XLP / XLU / XLV / XLY

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Since oil peaked (using closing prices) on July 3rd, the commodity is down about 21%. Over the same time period, the average stock in the S&P 500 is up 6.11%.

Below we highlight the average performance of stocks in each sector since oil's peak. As one would expect, Consumer Discretionary stocks have performed the best, while Energy stocks have performed the worst. Health Care, Financials, Consumer Staples and Industrials have also been outperforming sectors. For those expecting the oil downtrend to continue, these sectors should continue to show relative strength.

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Below we highlight the 25 best and worst performing stocks in the S&P 500 since July 3rd.

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Related Stocks:

BRL, CHK, CNX, COG, FHN, FITB, FNM, FRE, IVV, IYZ, MBI, NBR, ODP, ROH, RRC, SPY, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY

This article has 1 comment:

Aug 14 05:28 PM
I really feel that investors and analyists that take a short position on a certain stock should be banned from appearing on a business tv show to preach gloom and doom on the Company that they have taken a short position. They slipped up on CNBC yesterday and admitted that they have shorted the Company they were discussing/
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