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Strategies & Market Trends : The Art of Investing
PICK 46.19-0.3%Nov 14 4:00 PM EST

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To: Sun Tzu who wrote (3145)1/4/2022 7:08:16 PM
From: Rarebird  Read Replies (1) of 10599
 
Tech does poorly prior to the first rate hike, then it stabilizes and resumes leadership.

It is a rotating choppy market. Yesterday RSP overwhelmingly underperformed; today it nicely outperformed. Tobacco stocks and consumer Staples led the way today. Utilities, tech and healthcare took a breather. It's a stock pickers market. I am at one with that and know I can outperform SPX fairly significantly in a stock pickers market.

Once tech is ready to resume leadership by the second half of the year, if not a month or so sooner, QQQ and SPX will outperform the average stock.
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