FYI, some sector numbers quarter to date and year to date.  Good numbers today.  For me, the surprise will be increased global growth.  One way to participate if we get growth is to invest in materials and energy which have underperformed.



averages                                                                                         2.59% 14.44%
                                                                                                                   qtd ytd
iShares Dow Jones U.S. Aerospace & Defense Index Fund ITA         2.60% 12.71%
iShares Dow Jones U.S. Basic Materials Sector Index Fund IYM   0.24% 2.04%
iShares Dow Jones U.S. Broker-Dealers Index Fund IAI                 1.44% 19.60%
iShares Dow Jones U.S. Consumer Goods Sector Index Fund IYK 3.56% 17.90%
iShares Dow Jones U.S. Consumer Services Sector Index Fund IYC 4.22% 17.46%
iShares Dow Jones U.S. Energy Sector Index Fund IYE                 0.07% 11.04%
iShares Dow Jones U.S. Financial Sector Index Fund IYF                  3.61% 16.16%
iShares Dow Jones U.S. Financial Services Index Fund IYG                  2.16% 14.21%
iShares Dow Jones U.S. Healthcare Providers Index Fund IHF          3.97% 16.52%
iShares Dow Jones U.S. Healthcare Sector Index Fund IYH                  4.19% 20.67%
iShares Dow Jones U.S. Home Construction Index Fund ITB       5.73% 19.38%
iShares Dow Jones U.S. Industrial Sector Index Fund IYJ             0.75% 12.53%
iShares Dow Jones U.S. Insurance Index Fund IAK                          4.47% 20.71%
iShares Dow Jones U.S. Medical Devices Index Fund IHI                  0.00% 13.21%
iShares Dow Jones U.S. Oil & Gas Exploration & Production IEO -2.33% 12.95%
iShares Dow Jones U.S. Oil Equipment & Services Index Fund IEZ  0.58% 13.29%
iShares Dow Jones U.S. Pharmaceuticals Index Fund IHE                  3.15% 16.77%
iShares Dow Jones U.S. Regional Banks Index Fund IAT                 -1.25% 9.98%
iShares Dow Jones U.S. Technology Sector Index Fund IYW 2.09% 6.11%
iShares Dow Jones U.S. Telecommunications Sector Index Fund IYZ 10.12% 10.90%
iShares Dow Jones U.S. Utilities Sector Index Fund IDU                  5.05% 19.13%

CAT is a stock I have used in the past as it is a mostly pure play on global growth.  The price is reasonable here at $86 if we get a surprise on the upside for growth.

Of course, the REAL issue if we get growth is that bonds will get smacked.  Today we are seeing some of that.  Government bonds (TLT) down almost 2%.  If it drops into the 118 range, I will be a buyer.  High yield bonds still doing ok as they should because if the economy does well, companies do not default and keep paying high coupons.