From the desk of Tom Bruni @BruniCharting
Last night was our Members-Only Conference Call where we discussed the major themes we’re seeing across asset classes.
A big theme was the lack of direction within Equities and last month’s failed breakout to new highs in the US as we “catch down” to some of the weakness we’re seeing globally.
As a result, today I want to revisit an exercise I performed in late May when the environment was pretty similar to today…and that was to look for stocks with “big bases.”
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