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For Asset Managers Growth Stocks Are Out, Energy Is In: BAML

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Michelle deBoer-Jones
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The S&P 500 continues its steady downward march this week after ending last week in the red. On Wednesday alone the index dropped off sharply, falling more than 2% in a single trading day. Meanwhile investors continue to reposition their portfolios as it's looking more and more like growth and Tech stocks are going out of style while Energy is finally starting to attract attention after months of disfavor.

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.