Small Caps And The Consumer Stocks: Their Next Moves Should Be Very Important
The XLY consumer staples ETF stands at a key technical juncture. So, the directions of its next meaningful move will be very important.
The volume is much lower on “rally days” vs. days when the market declines. That’s disappointing, BUT if the breakout in the Russell 2000 can become a more meaningful one, it will still be quite bullish for the stock market.
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