SAFE - Going Nowhere Fast: Best Stocks To Buy
As expected, the market has moved from indiscriminate buying to stock picking. Following its rapid oversold rally, the SPDR S&P 500 ETF (SPY) has made little headway over the past month. Instead, investors have begun separating long-term winners from losers, resulting in significant outperformance for baskets like technology and underperformance for baskets like financials.
Data by YCharts
With the S&P 500 flirting with resistance below its 200-day moving average ((DMA)), reemerging trade tensions with China, and the ongoing tug-of-war between helicopter-Ben style intervention and dismal economic data, there's little reason to think