Daily Report : Staples' positive trends reach a record vs Nasdaq stocks

Over the past two weeks, there has been a historic surge in Consumer Staples stocks trading above their 50-day moving averages. At the same time, risk-off behavior among investors trading stocks on the Nasdaq exchange has pushed those stocks into downtrends. There is a record spread between trends in the sectors, but that has not been a consistent warning sign for the market.

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