Should Have Headed The Warning About May

This chart shows what’s been happening with the market recently. The “sell in May” memo apparently didn’t get to everyone.

The three defensive ETFs; Staples ($XLP), Utilities ($XLU) and Healthcare ($XLV) aren’t doing so bad.

But the real damage is happening to the cyclical ETFs; Industrials ($XLI), Energy ($XLE) andMaterials ($XLB).

http://www.crossingwallstreet.com/archives/2012/05/the-diverging-market.html