Could Downturn in Consumer Spending Hit Tesla?
I’m not recommending you make any moves this week. We have seven open positions, which is a “full boat” for us. And while we aren’t exactly in a profit-taking cycle at the moment, I still think we’re properly positioned in a balanced mix of both bullish and bearish plays. For instance, you’ll see in this week’s Leaders & Laggards Board that the technology and consumer discretionary sectors remain in bearish downtrends.
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