SentimentEdge report

Jason Goepfert

4-20-2022 at 10:30 am

The lag in Financials doesn't have a lot of support

The Financial sector is considered a bellwether for the broader market, and it's been lagging. The total return for the sector is in the bottom half of its 52-week range, and similar divergences versus the broader market have preceded poor returns. Internal momentum in Financials is weak but not showing oversold extremes.

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