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FSI Sector Allocation - April 2024 Update

Please CLICK HERE to download the April sector allocation report in PDF format.

Market recap

Happy April FS Insight family and hope you had a great Easter Sunday.

S&P 500 rose another 3.2% in March, but the rise was not primarily driven by the YTD leader the FANG+ or Magnificent 7. Instead, the further gains in March stemmed from other sectors, aka 'Breadth Expansion' - 7 out of 12 sectors (we listed FANG+ as a separate sector when analyzing sector performances) outperformed the S&P 500, co...

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