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One group of stocks is showing it could be resistant to the global macro worries: Sports betting
Pia Singh - CNBC -
21/04
"Sports betting has slowly been outperforming the S&P 500," JC O'Hara, chief technical strategist at Roth Capital Partners, wrote in a note to clients.
Sports betting stocks appear comparatively resistant to the volatility in the global macroenvironment this year, according to Roth Capital Partners. Stocks saw yet another brutal sell-off Monday as investors again confidence in the prospect of easing global trade tensions, and as President Donald Trump's latest attacks on Federal Reserve Chair Jerome Powell raised questions about the independence of the c... [Short citation of 8% of the original article]
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