Courtesy of Chris Kimble.
Since 2009, Auto Parts stocks have soared. The two mentioned below, doubled the gains of the S&P 500, since the 2008 lows.
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Auto Zone (AZO) and O’Reilly (ORLY) have been big time upside leaders over the past 7-years. Below looks at an update on these leading/high flying stocks.
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At this time, these high flyers have NOT broken down. Humbly feel the risk on trade might want to keep a close eye on these upside market leaders going forward, as they could send important messages to the broad market.
If support would give way for these high flyers, selling pressure could take place for these stocks and they could send an important message to the broad markets.
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