Consumer Discretionary Stocks Strong

08/11/2009 9:54 am EST


Thomas Aspray

, Professional Trader & Analyst

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The weekly RS chart of the consumer discretionary sector turned positive in March and the sector continues to outperform the S&P 500. In contrast, the consumer staples sector has weakened as the RS is about to break the longer-term uptrend and has formed lower highs. For a complete sector update, sign up for this week's Trading Lessons e-letter.

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