Pullback with Strength in Energy, Communication and Consumer Staples


After strong rebound rally last week, today stock markets begins to pullback. Volume is below average now.

Energy sector performs well after agreement is made from OPEC to reduce production.

Communication sector has emerging leader from Streaming Netflex (NFLX) +6%, Video game Activision (ATVI) +2%, and Electronic Arts (EA) +1%. It makes sense that shelter-in-place order boosts demand from video and gaming makers.

Lastly, Walmat (WMT) +2% leads consumer staples sector to higher place as defensive type of position during tough period.

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