Pristine Weekend Watchlist 8.13.23
3 A+ Trading Setups
Good evening Team,
Context: These setups should always be evaluated through the lens of your overall portfolio risk parameters.
The big winners YTD are as follows: BLOK blockchain technology and SOXX semiconductors. These groups are both experiencing a healthy pullback in August.
On the 1-month timeframe, KRE Regional banks and XLE Energy stocks are outperforming.
As is the case on the 1 week timeframe.
The YTD trends favor disinflationary groups like tech, while the recent countertrend move favors inflation beneficiaries and cyclicals!
