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Strategies & Market Trends : News Links and Chart Links
SPXL 219.24+2.0%Nov 26 4:00 PM EST

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Sam
skier31
To: robert b furman who wrote (28010)7/22/2023 8:48:37 AM
From: Les H2 Recommendations  Read Replies (1) of 29600
 
Utilities ($UTY), banks ($BKX), insurance (KIE), and real estate (KRE) appear to be moving in line with the long-term treasuries (TLT) rally since the end of June.

stockcharts.com

Those lagging industries are just coming back to their 200-day moving averages, while the tech sectors are still about 20 percent above theirs.

It remains to be seen how long this paring of the FAANGs' weighting impacts techs. Equityclock has tech exiting its seasonal strength period of July 17.

equityclock.com
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