KBE & KRE are demonstrating significantly stronger relative strength compared to the overall market

Jeff_Sun
2023-06-15

During a multi-week rally like the current one, one of the most difficult tasks is identifying sectors or groups that are demonstrating significantly stronger relative strength compared to the overall market.

KBE $SPDR S&P Bank ETF(KBE)$ and KRE $SPDR S&P Regional Banking ETF(KRE)$ are two examples of such groups exhibiting these characteristics currently.

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When you reach a point where you start shifting your focus and prioritizing your maximum equity drawdown over the potential return of each individual trades or investment, you have entered a stage of heightened risk management and capital preservation.

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