Jason Goepfert

2-25-2021 at 5:32 pm

Daily Report : A major breakout in recovery sector stocks

On Wednesday, there was a surge in 52-week highs among members of the Energy, Financial, Industrial, and Material sectors, those most geared to an economic recovery. Other times over the past 70 years when those sectors saw this kind of breakout, stocks struggled over the medium-term.

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