This is interesting, just as yesterday we had 2 of 10 sectors leading (Tech and Industrials), today we have 2 of 10 sectors rotating in, one of them as predicted is financials. Here's an early peak
Click on the image for a large view. As you can see, sectors in white are rotating in or staying in rotation, in red rotating out. Industrials are strong again and Financials are coming in. It may be time to take profits in any big caps or Dow related ETFs.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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