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Defensive Sector Are Joining the Fun

Writer's picture: CUHK Quant Trading SocietyCUHK Quant Trading Society



The Industrial and Technology Sector ETFs have reached their highest level in history despite last year's sharp decline. Even the defensive sector is now experiencing a surge, seeming to join the fun of the bull market behavior. The Defensive Sector Index is breaking a year-long downtrend, signaling that a potential bullish reversal could be underway and a healthy development for US equities.


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