UPDATE: S&P 500, Nasdaq retest major support -4-
UPDATE: S&P 500, Nasdaq retest major support -8-
UPDATE: S&P 500, Nasdaq retest major support -9-
UPDATE: U.S. markets' technical backdrop -2-
Slowly and steadily, industrial demand is continuing unabated, both in the U.S. and, surprisingly, in Europe.
Industrial activity remains slow and steady, giving companies a chance to navigate the environment.
Slowing global industrial activity presents compelling long-term investment opportunities among a handful of companies.
Cautious optimism continues to pervade the industrials universe.
The current industrial slowdown could persist for several additional quarters, but we think pockets of value exist.
There is a small number of high-quality industrials-sector ETFs from which to choose.