• Friday’s rally was much broader than we’ve seen in a very long time, but we need to see more of it.
  • The bounce in the energy stocks we called for late last week is working out.  It should work for a while.
  • We also highlighted the consumer staples group as one that is very oversold and poised for a nice rally.  Thus, it’s a group that investors should not ignore…especially if they’re worried about how long the current stock market rally will last.

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