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Share 027: Investors are tired of the tech sector and their money is starting to rotate into other sectors
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027: Investors are tired of the tech sector and their money is starting to rotate into other sectors
Today's sector leaders were industrials (+2.55%), energy (+1.96%), and financials (+1.91%), which are also the year's sector losers. Market sentiment is bullish and investors don't want to pull-out. They also don't want to keep buying high priced info tech stocks and hoping to sell higher. So what do they do? Rotate their money to lagging sectors.
We did the research. You just have to listen.
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By Financial MoversToday's sector leaders were industrials (+2.55%), energy (+1.96%), and financials (+1.91%), which are also the year's sector losers. Market sentiment is bullish and investors don't want to pull-out. They also don't want to keep buying high priced info tech stocks and hoping to sell higher. So what do they do? Rotate their money to lagging sectors.
We did the research. You just have to listen.