Growth and large cap factors continue to lead in the green on the US indices table.
Importantly, many indexes have been rejected after testing their most recent highs.
While this isn't a cause for concern, it does suggest that the short-term trend has shifted sideways as many key ETFs are no longer in a period of price discovery.
In these sorts of environments we're always looking for leadership, and that's precisely what retail-expert Jeff Macke is doing. If you want to see his favorite retail stocks, you can get connected by clicking here.