Defensive-in-May Sector Rotation
December 22, 2021 - Calendar Effects, Equity Premium
A subscriber asked about a strategy that holds a portfolio of cyclical sectors and small capitalization stocks during November through April and a portfolio of defensive sectors during May through October, as follows: Cyclical: Materials Select Sector SPDR (XLB) Industrial Select Sector SPDR (XLI) Consumer Discretionary Select SPDR (XLY) Vanguard Small Capitalization Index Fund (NAESX)… Keep Reading