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Jan 25, 2024 2:15 AM

This sector looks incredibly weak! 

Ecolab Inc.NYSE

Description

XLB materials sector saw a nasty down day today despite the S&p500 closing positive.

Clear relative weakness is being observed.

One of the leading stocks in XLB : DD (Dupont) collapsed by 14% after issuing weak forward guidance ahead of their earnings.

If they're expecting softer demand from China you can almost count on contagion through the sector.
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