KeepItSimpleSubstack
Week 07 - SP500 Update
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Rotation is sticking around…
TL;DR
🛢️Energy Redux
🧼Staples 🚰 Utilities and 🚜 Materials make up the rotation mixed bag.
⑦ Mag 7 it is almost never different this time.
The TL;DR if you didn’t read it last week no point reading it this week.
The SP500 is like a squidgy pipe when you poke it in one place it squishes out in another.
Right now there are 7 things, that make up 30% of everything in the pipe, moving through that pipe and they are trying to push down on the bottom edge of the pipe.
The pipe isn’t moving it is kinda stuck, held within a very small amount of movement.
Now if you poke one bit down…
…about 120 things equal to another 30% are poking up and out of the top of the pipe.
What happens next?
Over the paywall I go more in-depth and paid subscribers can access grabs of the spreadsheets showing all 503 tickers in the SP500.
New user guide - Paid Portfolio Posts
Hot Takes with Hank
Think pieces!
