Talk about industrial and materials stocks being as cold as a slab of frozen beef.
The industrial and materials sectors of the S&P 500 have tanked 6.49% and 7.47%, respectively, since Aug. 16, according to research out of Sundial Capital Research. That makes each sector the worst performers from within the S&P 500 over this time span. The S&P 500 is roughly flat going back to Aug. 16.
Sundial says the selling pressure is “getting extreme,” and the data bears that out.
The percentage of…
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