10/22/22

After a close on Thursday that jeopardized the near-term trend, Friday's rally signaled that the uptrend is on.  Several sectors are beginning to show relative strength, and I am personally looking at Utilities, Energy, Financials, and any stocks not making new lows.  It is better to bet on a winning team, just as it is better to bet on a winning stock.  Both have momentum.

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