(Premium) Consumer Staples: Rejected Again
It looks like we’ll have to wait a bit longer for a breakout.
When we checked in on the Consumer Staples last month, we noted that the sector was closer than any other to a breakout. But instead of moving to new 52-week highs, Staples sold off again. Now, they’re back into the middle of this year-long trading range.
The weakness has been led (unsurprising…