Rotation

NDX -1%  SPX=Unchanged,Russell +.5% and Dow +.3% Hmm.  Plenty of talk and rightfully so I guess, that A rotation out of Big Tech into Blue chip stocks is underway.Approaching the 10:30 European Cash Equity close and Dax went from +.8% earlier this morning  to unchanged ,Stoxx also +.6%  now unchanged on day as cash closes.The weight of NDX losses  too  much  for Other  Stock Indices to ignore  for now  but they haven’t collapsed. I cant recall last time saw such a diversion between 2 markets

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