The picture for the Communication Services sector has worsened since we last looked at the group in a bearish light in April. Under the surface, the defensive Telecommunication stocks are holding up better than the offensive Media and Entertainment names. Breadth, at...
Key Points Growth Sectors Look to Hold Support Levels Discretionary Has Room to Pre-Covid Highs Cyclicals are in Consolidation Zones, Showing Better Relative Strength Energy Trades New Near Cycle Highs Defensive Groups Are Mixed This daily note IS brought to you by...
As Global Equity market volatility remains elevated, the focus for investors who must maintain equity allocations continues to be a relative game. Despite a reprieve in interest rates backing off from their upside trend, it still hasn’t been enough for major fixed...
Stocks remain under pressure in the U.S., with the S&P 500 and the NASDAQ 100 closing lower for the seventh consecutive week. Our view remains that investors who must maintain an allocation to equities are playing a relative game, with the goal of focusing on what...
