It is apparent to most everyone that a poorly performing economy does not bode well for stocks. The recession that started in 2001 corresponded with a severe stock market decline that occurred during 2000-2002. Likewise, the December 2007-June 2009 recession was associated with the dramatic market decline in 2008". "Yesterday's top performers are unlikely to be tomorrow's top performers. For example, the utility sector was one of the worstperforming sectors from 2010 through 2013 but turned in one of the best sector performances for 2014. In contrast, consumer cyclicals excelled from 2010 through 2013 but performed poorly in 2014". "Everyone wants to hold stocks that will perform well over time, and many investors are searching for the next Apple, Google, or Amazon". "You have probably heard people mention technical analysis. For example, the following quote is attributed to renowned investor Ralph Seger, "One way to end up with $1 million is to start with $2 million and use technical analysis." The above-mentioned statements referred to the topics that we have covered in this course: "economy/market analysis, sector/industry analysis, company analysis and technical analysis". In that regard, interpret these statements (include the financial analytical perspective and mention an example).