Crude Weakness could Lift Sub-Sectors Across Four Tiers: Airlines, Discretionary, Leisure & Specialty Chemicals

Near-term Equity trends remain bullish, and today's minor stall in the Nasdaq shouldn't derail the rally into June. Despite various sub-sectors having grown quite stretched, there has been no evidence of counter-trend exhaustion indicators being confirmed, which would give rise to the thinking of an imminent drawdown. Furthermore, short-term cycles look to have inverted, and many investors still haven't reached leve...

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