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The industrial sector $XLI closed last week at its highest level in history.
Starting to look like a parabolic uptrend.
The most economically sensitive stocks seem to be painting a resilient economic picture.
Energy stocks $XLE posted a beautiful monthly close. This 18-year consolidation finally looks to be breaking higher, which could mean more upside for energy stocks in 2026.
Not the prettiest close today for Amazon $AMZN. If you zoom out a bit though, there’s a major year-long accumulation pattern that looks ready to breakout.
Construction materials company Builders FirstSource $BLDR put in a hell of a candle on Friday after Trump requested 200 billion in mortgage-backed securities purchases to try to lower mortgage rates. BLDR is coming off strong support on the weekly chart.