The consumer discretionary stocks, as tracked by XLY, have performed remarkably well since early March, and this is one of the few sectors which has broken above its 200-day EMA.
Dr. Julie Peterson-Manz reviews the Around The Horn stock action for April 30, and presents trade ideas that still have the possibility of triggering for May 1.
The Market Vectors Steel Index ETF (SLX) may benefit as many of the steel names look good on the upside, and as the Chinese equity markets starts heating up.
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