Machinery - Pumps Group bucks recent market weakness

Groups that act strong during times of market weakness always stand out as they show a conviction on the part of institutional buyers.  In a tape when buyers could easily walk away such as last week, a group making new highs such as the Machinery/Pumps group definitely stands out.  Below we list the group components as well as highlight the group chart, which is at new highs.

 

 

 

 

 


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