Globe editors have posted this research report with permission of Phases & Cycles Inc. This should not be construed as an endorsement of the report's recommendations. For more on The Globe's disclaimers please read here. The following is excerpted from the report:
The evidence continues to build that the markets, post-February 11, have finally turned around as we expected. The markets could continue to surprise by extending the current uptrend with little pause, but a more likely scenario is a healthy period of pull back and consolidation.
The last seven weeks have revealed many sectors and stocks that are improving their technical strength. These should be preferred investment targets if and when any market weakness develops.
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