Bull Market Turns 1-year Old
The stocks that performed the worst in the back half of last year are the ones who have performed the best this year.
We call that sector rotation.
So the next step for this bull market would be to rotate once again into those initial leaders off the lows last summer.
Industrials are front and center in that conversation.
What's interesting is that on an equally-weighted basis, Industrials keep making new all-time highs relative to the S&P500:
I believe the rotation has already started.
You're seeing it in Industrials. And you're seeing it in Small-caps.
The trades we put on last month, in both Caterpillar $CAT and in Russell2000 $IWM have hit our initial targets and we now have a free ride with no risk until those options expire towards the end of the year.
This upcoming Tuesday night is our LIVE Conference Call. Premium Members can register here.
We'll get going LIVE @ 6PM ET Tuesday 6/20.
See you then!
JC