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Sep. 18, 2020 - Most industry groups are correcting

September 21, 2020
MCBOSS CAPITAL
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market update

Table of Contents:

Weekly Special Report Market Update

This week many industry groups continues correction following weakness in the general market. This is the third week down. However there are still some industry group with strengths.

Beware some of the stocks has not report their earnings for their last quarter; hence, may be volatile and even show negative trend after.

This week we start following this group.

Sector - Retail

Industry Group - Consumer Consumer Durables - Office Equipment/Supplies/Services

FLXS ($24.44), HNI ($33.82), MLHR ($34.52), SCS ($12.34)

This retail industry group show incredible strength this week. It rebounds off its 10 weeks moving average.

Sector - Industrial

Industry Group - Basic Industries - Major Chemicals: Plastics

DOW ($50.37), EMN ($83.83), MLHR ($34.52), TSE ($28.56)

This plastics industrial industry group continue to show strength above its 10 weeks moving average.

Sector - Health

Industry Group - Health Care - Major Pharmaceuticals

SGEN ($180.94), BGNE ($273.96), HZNP ($79.93), ALNY ($132.26)

This major pharmaceutical industry group show incredible strength this last two weeks as it not only rebound from its 40 weeks moving average but also sits above 10 weeks moving average.

Sector - Commodities

Industry Group - Energy - Coal Mining

ARCH ($52.90), CNX ($11.37), HCC ($20.80)

This coal mining industry group show incredible strength this last week.

Here is our history of the monitored industry group performance:

Jan. 11, 2019 to May 31, 2019 has an overall portfolio gain of 3.6%.
May 31, 2019 to Aug. 30, 2019 has an overall portfolio gain of 9.1%.
Aug. 30, 2019 to Oct. 25, 2019 has an overall portfolio loss of -3.4%.
Oct. 25, 2019 to Feb. 7, 2020 has an overall portfolio gain of 9.4%.
Feb. 7, 2020 to Apr. 3, 2020 has an overall portfolio loss of -9.7%.
Apr. 3, 2020 Sep. 4, 2020 has an overall portfolio gain of 30.0%.

Since Jan. 11, 2019, the total compound gains is 40.2%.

The following industry groups are being monitored since Sep. 11, 2020. Since then, the industry groups has an overall gain of 3.6%.

	Sep. 11	Sep. 18	Gain/Loss	Industry Group performance

VFC	70.03	72.13	3.00%
PVH	67.07	68.48	2.10%
UA	9.90	10.06	1.62%
TPR	16.15	17.36	7.49%
				3.6%
FLXS		24.44
HNI		33.82
MLHR		34.52
SCS		12.34

DOW		50.37
EMN		83.83
MLHR		34.52
TSE		28.56

SGEN		180.94
BGNE		273.96
HZNP		79.93
ALNY		132.26

ARCH		52.90
CNX		11.37
HCC		20.80
			3.6%