FYI: Biotechs and homebuilders have led the US equity rally over the past five days. Internationally, Spain and Italy have taken off and the broad equity performance in Europe has been very strong thanks in part to greater optimism around the outcome of French elections. On the losing side of the slate, gold miners have gotten crushed while Brazil and Canada have been the weakest.
Regards,
Ted
https://www.bespokepremium.com/etf-trends/etf-trends-hedge-3117/