Good evening Team,
Context: These setups should always be evaluated through the lens of your overall portfolio risk parameters.
The big winners in the first half of the year are as follows: BLOK blockchain technology SOXX semiconductors and ARKK innovation stocks. KRE regional banks are at the bottom of the pack as we head into a fresh earnings season beginning 7/12.
The ratio of XLK megacap tech to XLF financials performance is at record highs.
On the 1-month timeframe, XHB homebuilders and BLOK blockchain are leading the pack.
And on the 1-week timeframe, check out these mind boggling performances 🤯
It is important to understand that weekly performances like the below are not the norm by any means. The first half finished off with a bang!
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