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Is the ‘great rotation’ in the stock market under way as coronavirus cases surge? Or is it a false dawn? Here’s what experts think

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The conclusion of last week’s trade on Friday highlighted some softness in the uptrend for megacapitalization tech names, raising questions about whether a rotation from out of those highflying leaders and into less-loved, economically sensitive sectors, like manufacturers, energy companies, financials and industrials, is afoot.

 

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'WALLSTREET EXPERTS' is an oxymoron. No such thing exists they are clueless even more than the average investor. Thier conviction makes them even worse stock pickers because noone truly knows if a stock is going up or down. Those that think they do get fleeced worst. Randomness!

It’s profit taking rallied around COVID-19 vaccine news/hype. Manufacturing is still nonexistent, airlines, oil. Unemployment is enormous, so finance too. Tech will continue to buoy the market probably through the next year. This week will be gang busters for IBM TSLA AMZN NFLX.

Lull before the storm. It's comical how much time investors spend on balancing. It was quite simple. Buy everything at dip, then increase in tech, biotech, then sell off once they reach close to 5-10% of highs. Then wait and buy the dip again. Less work, better gains.

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Stock market crash: Expert warns of Great Depression-era valuations - Business Insider'The outcome will be catastrophic': A renowned stock bear says current market valuations rival that of the Great Depression — and warns a return to normalcy will be accompanied by a 66% crash On Friday I went out of everything except gold sure we may get a nice little pop in the market but it's low volume price action and too expensive. My other traders are doing the same If it comes off 30% on Monday new money will sweep in. But long FNV gold is free money.
Source: BusinessInsider - 🏆 729. / 51 Read more »