bearish
Weekly Stock Bullfinder - Week of 7/10
SUMMARY
- Energy- Rotation to Laggards or Something More Brewing?
- The worst S&P 500 sector so far in 2023 has been energy which is down almost 8% getting trounced by the technology and communication services sectors.
- Inflation readings have benefited so far by energy “staying in the box” in 2023 versus the wild price spikes to $5/gallon gasoline and above which occurred last spring.
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