Good morning Team,
Context: These setups should always be evaluated through the lens of your overall portfolio risk parameters.
The big winners YTD are SOXX semiconductors and BLOK blockchain technology stocks. These groups both pulled back significantly off their highs in August, and so far SOXX is bouncing back a bit quicker.
On the 1-month timeframe, MSOS cannabis stocks are the standout by far. This group was the weakest just a few trading sessions ago, and is ripping higher on potentially better sentiment toward the cannabis industry by the US government.
On the 1-week timeframe, MSOS cannabis and KWEB Chinese Internet are leading.
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