In today’s briefing:
- Encouraging Signs, But Concerns Still Outweigh; Buying Materials, Energy, Industrials, Health Care
Encouraging Signs, But Concerns Still Outweigh; Buying Materials, Energy, Industrials, Health Care
- We continue to see some encouraging signs that suggest that the lows may have been established for this correction.
- We still believe a bottoming process would likely take weeks or potentially months and could come with more tests of the lows — or even an undercut.
- With that said, we continue to see attractive and actionable setups, primarily within cyclical value (Energy, Materials, Manufacturing, Transportation, and Financials).
Before it’s here, it’s on Smartkarma
