Monday, April 21, 2014

Market Rotation

A good article and somewhat counter on what I think is happening in the markets right now.  Go read this article over at All Star Charts.com on Money Rotating into Late Cyclical Names..  Pertinent take-away:

"This seems all too similar to prior market peaks. We’re going to want to see Financials, Tech and Discretionaries start to turn back up on a relative basis in order to take this scenario out of the equation. But the consistent underpermance out of these sectors and money flow into Utilities and Energy can’t be ignored." 

Link:  All Star Charts.com: Money Rotates Into Late Cyclical Names