Insurance should outperform within Financials; Taiwan still a leader in ‘EM’

Technical Strategy Video:

Key Takeaways

  • 2% rally in indices occurring on monster breadth of nearly 9/1 positive as Small-Caps lead while Value Line finds strong support near July lows
  • Semiconductors and Hardware lead Technology surge, helping Tech recoup its top spot among all S&P SPDR ETF returns, with +3% gains
  • Insurance has broken out vs Banks;  Meanwhile EWT remains tops in Emerging Markets

Tuesday’s bounce leaves pri...

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