sector rotation to transportation and financial stocks
We saw on Friday the nasdaq declining while the Russell was pretty strong.
I think the narrative for the next 2-3 weeks will be that financial and transportations stocks outperform tech stocks .
We can see on the chart how the bottom has formed and that these stocks will now catch up.
I see continuation and strength on these stocks while the nasdaq takes a pause .
I think the narrative for the next 2-3 weeks will be that financial and transportations stocks outperform tech stocks .
We can see on the chart how the bottom has formed and that these stocks will now catch up.
I see continuation and strength on these stocks while the nasdaq takes a pause .
Catatan
As a spread idea for the next 2-3 weeks , would also be to buy Russell futures and sell Nasdaq futures
What is your business plan ?
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Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
What is your business plan ?
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.