In this edition of Equity Leaders Weekly, we look at continuing rebounds in regional banks and US retail stocks. Although most major indices and industry groups have declined over the last week, this action appears to be a common correction with markets bending but not breaking.
Benefitting from a rebound in energy prices, ConocoPhillips (COP) has been trending back up the rankings in the SIA S&P 100 Index Report since April. Yesterday it climbed another 6 spots to 20th place, and it is up 31 positions in the last month returning to the Favored Zone for the first time since November.
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