Large-cap Telecom continues to run, with the strongest readings we have ever had, coming in first in all readings across the board. Mid-caps are the exact opposite with some of the weakest readings. Energy is starting to make some headway with very strong 3-month readings in mid-cap names. However, the longer term readings are still very weak. Mid-cap Technology names continue to gain ground with very good readings, while the large-cap names struggle.
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Don Hays & Nicholas Warf
Please see important disclosures at the bottom of this page.