I had a great conversation yesterday with Todd Sohn of Strategas, and our very own Steve Strazza, about Sector Rotation. We talked about this rotation, in theory, and also discussed what the current environment is suggesting.
The video of that call will be up shortly on our Youtube Channel. Make sure you’re subscribed so you never miss an update! Subscribe for Free here.
The 3 of us were pretty much on the same page that we’re getting healthy rotation among sectors and this will likely lead to new all-time highs across the major US Indexes, Sectors and Market Caps. So I asked Todd, what would you tell the Doom & Gloomer out there who is watching/reading this saying to him/herself that we’re all completely full of it and the market is about to crash.
Right away he said, “Show them the Equal-weight Industrials breaking out to new highs relative to Equal-weight S&P500: [Read more…]