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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (33629)	6/17/2021 1:19:07 PM
From: Jacob Snyder	Read Replies (2) \| Respond to of 34328

Interesting, that two intelligent people can look at the same charts, and come to opposite conclusions. I am judging sector performance based on where they are now, compared to their pre-pandemic highs. Energy XLE is one of the few sectors still well below the 2018 highs. Consumer discretionary XLY is far above where it was pre-pandemic. When I look for patterns, I discard outliers. 2020 is an outlier, the whole year and everything that happened. What it did to stocks is not a repeatable event, because global pandemics happen only once a century. We are still recovering from 2020.