Highlights
- Despite the recent volatility, 'New Era' industries are still in uptrends broadly speaking, with very attractive momentum scores.
- In that context, many of these industries are now very/extremely oversold.
- We don't need to know if recent weakness is the start of something worse to come in the future in order to know what to do today.
- At this point, the data points to a very oversold uptrend within leading industries, with a rally likely forthcoming.
"'New Era' Leaders. . .