Highlights
- The U.S. Risk Gauge remains just shy of full Risk On as leadership pulls back, with rotation into Banks, Insurance, Transports, Health Care, and REITs keeping overall market conditions healthy.
- Financials and Industrials swap positions as Banks and Insurance boost Financials and Clean Energy drags on Industrials.
- Extreme oversold conditions in Semis and IT Hardware have prompted us to begin scaling into long test trades at support, while using stops to manage risk if. . .
