Sector Weightings reviewed;  Energy likely to fall further as OPEC+ plans to restore output in April

Recent selling pressure should be nearly complete following the eight-day downdraft since 2/19.  Short-term momentum has gotten oversold, and many key large-cap Tech stocks look to be in/near support. Furthermore, Treasury yields and the US Dollar have been breaking down sharply, and I don’t see the correlation between Treasuries and Equities reversing anytime soon. Moreover, sentiment has continued to grow more and mo...

Finish reading this report for free

Enter your email and we'll send the paywall-free report directly to your inbox

Articles Read: 2/2

In addition to your unlocked report, you will receive our weekly market newsletter Fundstrat Snapshot, as well as occasional updates and offers from Fundstrat Direct. You can unsubscribe at any time.

Get unlimited access to Tom Lee's Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Events

Trending tickers in our research