Weekly Risk Gauge (WRG): “Working Off Oversold.”

Highlights

  • The selloff paused last week and the market posted gains, causing the Long-Term Gauge to flip back to 'Risk On'.
  • Energy snapped its 14-week winning streak after a 43% run. We are looking to add to names that showed relative strength vs. the sector on the pullback.
  • Several cyclical sectors have rebounded from. . .

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