Highlights
- A solid majority (73%) of the MOTR Universe is still in a short-term uptrend, keeping alive the hope that the medium-term will inflect to "Risk On" in time.
- As long as the short-term remains constructive, we are long leading stocks from two areas: outperforming economically sensitive groups and high growth innovation themes.
- That said, until the medium-term does improve, we can't rule out that this is just a divergent high, not unlike the many that. . .
