And There Goes Tech, Again

Man, Computer, Stock Trading, Iphone, Hands, Finance

Image Source: Pixabay
 

All-time highs across the board for stocks. 

Last Monday, I pointed out how the market internals had settled down from their brief defensive rotation. Now we have the exact sector signal we were looking for.

This latest sector development marks just the beginning. 

We're entering the most bullish time of year. 

Bulls have sent the bears into hibernation early for the winter. We appear headed for an incredible ending to 2025.
 


Money aggressively rotated into the tech sector late last week as stocks burst to new all-time highs. It does not get more bullish than this. The risk in this type of environment is not being long enough.

Real estate just claimed the 30-day leader position. Utilities dropped completely off the board. This represents another bullish development. You never want to see defensive sectors like utilities lead.

The Fed is set to lower rates again this week. Everything on the leaderboard right now benefits from lower rates. This is the exact type of leaderboard you want to see in a bull market.

I'll keep you posted as we keep hitting new all-time highs.


More By This Author:

The Fed Quietly Gave Up On 2% Inflation
The Quantum Computing Trade
Volatility Just Broke The Market

Neither TheoTrade nor any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with