The Rotation from tech to the “rest” of the market continued
By John Lau September 2, 2024 – The rotation from tech to the “rest” of the market continued apace last week as traders used initial tech weakness as a profit taking opportunity. On a sector level, there was a clear cyclical preference as the solid GDP (Q2 GDP rose 3.0% saar[1] vs. (E) 2.8% saar) […]