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Travel & Leisure continues to make headway

Key Takeaways

  • Snapback bounce encouraging, but has more work to do, to have confidence of markets beginning a larger rally
  • Travel & Leisure stocks have now been rising for four straight weeks and look to be benefitting as COVID-19 cases pullback sharply and the 2nd “reopening” gets underway
  • Hotels look to be the strongest part of Travel/Leisure, while both Airlines and Cruise-liners are two former beaten down areas which are now breaking out  

Markets...

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