I return from my travels to find the market mixed. My portfolio is taking it on the chin as there is a rotation out of defensive stocks and into more cyclical stocks. At the same time treasuries are getting pummeled. That is the opposite of how I am positioned.

There are some chinks in the armour. The QQQQ, which has been outperforming the whole rally, is lagging pretty badly today. In addition, there is an awful lot of call buying for a flattish day. I know it has not mattered but that doesn't mean it won't.


Anonymous said...

Mate, Happy New Year!!
How do you identify sector rotation / stock rotation, any specific ETF's or stocks list you monitor. Please share yor comments

Tsachy Mishal said...

I set up my watchlist by sectors. I group tech stocks together, healthcare together, etc. I see what sections of my screen are doing best.

Tsachy Mishal said...

And Happy New Year mate!