Consurmer Discretionary VS Technology

Discussion in 'Trading' started by matador04, Feb 2, 2010.

Relative Outperform?

  1. Tech

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  2. Consumer Discretionary

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  1. Any of you sector traders?? I see technology far more well-poised to profit from a recovery and weather a further downturn due to the amount of cash these big techs have. Also, the need from govt's worldwide to develop new ideas for energy efficiency will boost the tech sector at a greater speed.

    Consumer discretionary is highly correlated to sentiment and availability of cheap credit. The wealth effect of negative equity in their homes or negative net worth will prevent them from spending as freely as they did a couple of years ago...