We raised Consumer Staples to overweight when we downgraded Energy in early December. We were rewarded with a bullish resolution from the 6-month relative consolidation pattern we’d been watching. We’re targeting the 2018-2019 highs for the ratio.
We raised Consumer Staples to overweight when we downgraded Energy in early December. We were rewarded with a bullish resolution from the 6-month relative consolidation pattern we’d been watching. We’re targeting the 2018-2019 highs for the ratio.