An eclectic list coming off the highs, on volume, in Friday's trading with a mix of names in energy, industrials, aero-manufacturing, healthcare, technology, travel etc. Most, if not all, appear to be earnings related. Many of the aero-related names that are coming off the highs follow Boeing, which flashed a warning in Mid-June following safety-related issues. I stated- rightly so- that the mid-June fall was probably an overreaction. However, the downside moves by the likes of ERJ may call into question the present rally's durability.
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