Highlights
- Continued underperformance from the MAGS reinforces our view that this environment favors mid-, small-, and micro-cap stocks, with momentum continuing to flow toward more speculative “hype” names, as reflected in the strength of IWM, IWC, and MDY.
- Friday’s rally was enough to push the U.S. Risk Gauge back into Risk On across all timeframes.
- Clean Energy continues to stand out as a leadership group, with 90. . .
