“FANG” strength buoys Growth trade, while Yield curve flattening drives down Financials

Technical Strategy Video (Recorded Wednesday, October 27th):

Key Takeaways

  • Stalling out for market has given way to minor consolidation, while Technology and Growth trade outperform with “FAANG” outperformance
  • Treasury yield breakdown looks important, particularly on the long end, which resulted in Financials underperforming
  • Breakout in Solar Energy makes this sub-sector one to continue to favor within Energy

As discussed i...

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