In something of a flip, natural gas has been down the most over the past week and junior gold miners have been up the most – a reversal of what was true for several weeks. South Africa, the Philippines, and Brazil have all continued to rally while biotechs have lead the charge lower. Other US sector or group exposures have also continued to underperform and almost half of the 52 ETFs in our Sectors & Groups category are in downtrends as of today.
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