These 2 charts show the S&P500 since January 3, 2012 - the heavy green line in both charts. There are 10 comparisons on each chart. The best performing sector was AAPL. Followed by homebuilders, financials (!), retail. Where did you NOT want to be? bonds. gold. utilities. metals and mining. transports. "consumer non-discretionary." Next quarter is likely to look different. We will start getting clues over the next 2 weeks as one quarter ends and the next one begins.