As expected yesterday, early indications are that we are seeing rotation from Tech (yesterday) to Financials (today) which is giving an edge to the SPX over the NASDAQ, but the larger picture is the rotation is good, even though it's very short lived.
Yesterday the SPY was the clear laggard behind the NASDAQ, I suspect that will change today, at least on a relative performance basis between the two.
5 years ago
No comments:
Post a Comment