Anyone Long Tech Anymore?
Week 06 - SP500 Update
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Name the song…
TL;DR
🛢️Energy the hated sector out-performing, poetic!
🧼Staples 🚰 Utilities and 🚜 Materials make up the rotation mixed bag.
⑦ Mag 7 it is almost never different this time.
The rotations are popping off all over the place. Remember that IWM type things peaked in Nov ‘24 and fell all through Xmas that year into “Liberation Day”. SPY/QQQ didn’t get the memo until March ‘25
Everything I am highlighting will come in SPY/QQQ from April leaving the loopback is going on right now in small caps, and the sectors that trade more like them.
IWM by the end of Mar ‘25 was already down -16% while SPY was down -4%. This is all starting to be only 15-20 trading days of a 252 1 year look back period, and falling as each day passes.
Shenanigans in technology - software stocks which I will go into more detail over the paywall.
New user guide - Paid Portfolio Posts
Hot Takes with Hank
Think pieces!
