I'll get the charts up ASAP, but I do think more rotation is what we are in for, Financials are showing more negative trade today whereas Tech's underlying 3C trade is improving. They may bother be down tomorrow, but I think we will see worse relative performance in Financials.
Chances are excellent that for the market averages, we don't move too much from where we are now, Op-Ex pin, that's just the way it's been.
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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