Good evening Team!!
Context: These setups should always be evaluated through the lens of your overall portfolio risk parameters.
SOXX semiconductor stocks are the YTD winners, with IGV software stocks, and XLK megacap technology, and BLOK blockchain trailing close behind. TAN solar and KRE regional banks are the worst YTD performers.
On the 1-month timeframe, MSOS cannabis stocks are the standout by FAR. Only 7/27 of our tracked groups are in positive territory.
On the 1-week timeframe, all tracked sectors were red, but KWEB Chinese internet names were the top performer! The more speculative areas of the market like ARKK innovation and MSOS cannabis were hit the hardest by selling.
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