SentimentEdge report

Jason Goepfert

6-10-2020 at 11:30 am

Cyclical stocks are outperforming again

Driven by some of the most popular big tech firms, cyclical stocks just made a new high relative to defensive stocks for the first time in several months. Other times when cyclical stocks made a fresh relative high versus defensive stocks, it was good for the broader market, though the ratio is high enough now to be concerning on a long time frame.

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