Technical Assessment: Bullish in the Intermediate-Term
Key takeaways
- The major indices took a break on Tuesday, following three days of strong returns.
- Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
The major indices took a break on Tuesday, following three days of strong returns. Perhaps more accurately, the semiconductor stocks took a break. So even with some rotation into Financials (XLF, +1.5%) and Utilities (XLU) and Industrials (XLI), which both rose +0.7%, it wasn't enough for a fourth day of overall gains. Technology (XLK) gave back 2.8%, with the major semiconductor ETFs dropp
Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
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