E*TRADE sector rotation study shows clients favor Materials, sell Financials - MS News | RalliesE*TRADE sector rotation study shows clients favor Materials, sell Financials
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MS• E*TRADE monthly sector rotation study
- Morgan Stanley’s E*TRADE monthly sector rotation study showed clients were net buyers of Materials, up 6.85%.
- Communication Services posted net buying of 4.3%, while Industrials drew net buying of 3.06%.
- Financials led net selling at -5.47%.
- Consumer Staples saw net selling of -3.08%, while Energy recorded net selling of -2.92%.
