Unwind of the Rotation Trade

Sectors that perform better in an expanding economy are being hit and ones that perform better with low rates and slow growth having a nice day

Fanng index -.9% after being higher early in day I couldn’t find one Specific catalyst to cause the turn around in US stocks, Once fanng turned lower Risk off picked up in steam. European Bourses heavy all morning ,it too being driven lower by companies that could benefit to a “reopening of the economy”. An adjustment day or week? time will tell back to Spoos once they took out Fridays Lows losses accelerated, so maybe a bit of Stop hunting similar to what we see in game stop

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