The market is on very shaky ground at this juncture, says Eddie Ghabour of Key Advisors Group. He says the market needs to be reassured the Delta variant isn't going to change consumer behavior. The only thing that can get this sell off in oil, small-caps, and recovery plays, is very strong earnings. Energy is their strongest conviction, and has been all year, he adds. He would be cautious buying the dips now. He would be cautious heading into 3Q until we get some near-term risks out of the way.
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23 Jul 2021
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