Remember IBM and Cisco?

Leaders consist of China Large Caps, Pharmaceuticals, and the "Golden Arches"

Market Conditions: Risk Off.

• “Old” tech such as IBM and CSCO are holding up near 52 week highs.

• Selected drug companies like GILD and BMY are rallying.

• Old stalwarts such as MCD and BUD are up.

• Bankers (e.g. JPM) and Finance Services (e.g. AXP) are breaking down.

• Core 250 Stocks - Weekly Performance:

  • Up - 81

  • Down - 169

Top 50 Muscle Stocks:

Outperforming Sectors: Consumer Staples, Healthcare, and Communication.

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Notes:

• Breaking Out: Okta (OKTA), McDonalds (MCD), and Kroger (KR)

• “Old Tech”: International Business Machines (IBM) and Cisco (CSCO)

• Miners: Barrick Gold (GOLD), Agnico-Eagle Mines (AEM), and MP Materials (MP)

• Stocks Consolidating: Lemonade (LMND), Medtronic (MDT), and Baidu (BIDU)

Stocktwits: https://stocktwits.com/MuscleStocks

Thank you for visiting.

Disclaimer: Not investment advice, do your due diligence.