drduru

Deconstructing Materials Stocks (an over-reaction to March data)

AMEX:XLB   Materials Select Sector SPDR
The deconstruction continues in material stocks. The culprit this time around was a poor reading and interpretation of construction spending. I think it was a big over-reaction given the overall trends.

Deconstructing Materials Stocks. drduru.com/onetwenty...ng-materials-stocks/ $USCR $AYI $XLB

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