February is one of the worst months of the year to own stocks.
Is that why we’ve been seeing all this rotation into defensive sectors?
Think about it, we haven’t seen any rotation at all into Consumer Staples this entire bull market.
Until now.
And if you go back and study the history of bag holders, you’ll notice that they love buying stocks when Consumer Staples finally start to become leaders.
This is classic rotation you see quite often ahead of a tough time for the market: [Read more…]