Good morning,
Things are continuing to settle down, with major indexes posting their smallest weekly moves since mid-February, despite a Fed decision, China trade talks, and more. That’s another healthy signal that the lows are likely in, as was last week’s successful test of support for the S&P 500.
We’ll of course look at the technicals for SPX and other major indexes this week, but with the big-picture view unchanged from last week, I want to take this opportunity to take the MMP in a little bit different direction than usual.
In last Thursday’s Stock Trends report, I highlighted seven stocks that were breaking out, despite the short-term chop at the index level.
Today, we’re extending that to the Playbook but tying them together with themes.
Those leadership groups are:
Software and cybersecurity
Transportation and the new economy
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