In an interview with Bloomberg, Kenneth Fisher says that he’s high on some chemical stocks right now, for both fundamental and cyclical reasons. Fisher says the stocks that usually lead early in a bull market are those that fared well in the first half of the preceding bear market, but then got hammered in the second half of the bear. In the current case, that means materials — of which chemicals are a subset — should fare well, along with industrials and consumer discretionary stocks.

[youtube=http://www.youtube.com/watch?v=qX0iQga2LD8]