- Exactly a year ago I shared a chart here that represented “An Epic Set Of Alligator Jaws.” It plotted the weighting of the energy sector within the S&P 500 Index versus the combined weightings of the tech and communications services sectors.
- The energy sector has risen more than 60% over the past twelve months, outperforming the index, while the combined tech and communications services sectors have fallen, underperforming the index, resulting in those alligator jaws closing to some degree.
- But it’s astounding to note how little these jaws have actually closed in light of the dramatic performance gap between the two groups of stocks.
For further details see:
An Epic Set Of 'Alligator Jaws,' Part Deux