Sectors to Watch in the Days Ahead
This week's worst performers have bounced at intermediate support levels and should make life tough for short sellers during triple-witching and options-expiration week, which begins Monday. While their reprieves may be temporary, it's best to stay out of the way of these beaten-down issues, or get positioned on the long side and ride the short squeeze to higher ground.
Although the majority of negative media attention earlier this week focused on small-caps, following the Russell 2000 breakdown, weakness spread quickly into other vulnerable market groups during the midweek selloff. Raw materials and agricultural stocks were hit especially hard and haven't recovered as strongly as the blue-chip indices since Tuesday's deep low....501 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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