TradingEdge Weekly for May 19 - Positive industry returns, semi breakouts, lack of tech insider selling
This week, we saw that long-term price-based indicators continue to turn positive. More than half of industries now show a positive 1-year rolling return, which has a perfect record over the past 80 years. Intraday stock movement has quieted down significantly, even as small specs bet heavily against them. Brazil is recovering. Semi stocks are breaking out
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