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Commentary Topic from greenfaucet

Early Cycle Stocks Led Us Up; What are They Saying Now?

I have been noting within other entries what appears to be rolling over in many of the hottest stocks i.e. "early cycle" consumer discretionary. These were many of the heavily shorted stocks that the "investor playbook" says to buy ahead of recovery. Now it is too early to say these are "done" - many stocks in uptrends roll back to support areas before starting the next leg up; but it's a group to watch closely.