New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
Does Materials and Energy sector out-performance suggest a market top?
I have learned in the past that sector rotation into Materials and Energy, where these two sectors outperform the rest of the market, suggests a market top. However, I have not seen this theme repeated at all. Recently, it was explained that these two sectors are neutral sectors - no mention of market topping sectors. I am beginning to doubt that out-performance of these two could mean a market top. Does anyone have any insight into this?