Top strategist opens market playbook for second half, sees turbulence


Wilmington Trust’s Meghan Shue is opening her playbook for the year’s second half — which starts Thursday.

Her strategy includes an overexposure to cyclicals, and she favors financials, energy, commodities, materials and industrials.

“We see the economic recovery continuing and being a tailwind for stocks,” the firm’s head of investment strategy told CNBC’s “Trading Nation” on Friday.

Unless this week sees a dramatic sell-off, the market will start the year’s final six months around record highs.

The S&P 500 just wrapped up its best week since February, closing at 4,280.70 — an all-time high. The Dow closed up 3.4% for the week, notching its best weekly performance since mid-March.



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