The Fred Report - Sector Review November 2016
The market has started to advance after the election of Donald Trump. Because of this, we raise XLF to an overweight, and lower IYZ to an underweight in the Large Cap Sector portfolios. Telecom is likely to lag given issues around ATT’s latest acquisition, and rising rates should benefit XLF, which is a short-term breakout. For now, NO CHANGES to the Small Cap Sector portfolio.
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