Just prior to heading into H2, our inimitable Charts team highlighted that July is a historically favorable one and that is bearing out as we get a third of the way through the month. But a funny thing is happening on the way to new all-time highs that we saw today. Investors are ditching the stocks said ATHs were built on the back of in favor of the year-to-date laggards. Breadth had been somewhat encouraging of late but the 2nd half performance chase is on and investors are looking for diamon…
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