The rotation into Consumer Discretionary is happening.
And isn’t this exactly what we’ve always seen in bull markets?
You buy the pull back in the offensive sectors during bull markets.
That’s literally what the BTFD stands for.
This rotation into Consumer Discretionary has been exactly that – a BTFD moment.
Look at Tesla up 10% today and up 30% since we highlighted the trade right here 2 weeks ago. [Read more…]