SentimentEdge report
The McClellan Summation Index for defensive sectors nears a record
The McClellan Summation Index for Consumer Staples, Utilities, and Health Care are all above +1000. The combined value in these defensive sectors is now in the top 1% of all days since 1952. Prior signals led to consistent gains in the S&P 500 over the next 6-12 months.
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