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Kontoeidis1989
9 Ağu 2020 05:01

sector rotation to transportation and financial stocks  Alış

IYT/QQQArca

Açıklama

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 .

Yorum

As a spread idea for the next 2-3 weeks , would also be to buy Russell futures and sell Nasdaq futures
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