Hot CPI Could Kill Interest Rates Hopes
Money flowed out of tech and into retail, banking, homebuilder and biotechnology on Tuesday.
Tech vs. Financials
Tech ($XLK) vs Financials ($XLF) at 1:13 PM:
Position: None
Wall St. Takes Hit on Iran Fire, SpaceX Takes Off, Middle-Class ‘Struggle’
Iran ceasefire looks near collapse; SpaceX valuation at $1.75 trillion; Beige Book sees some in middle-income bracket ‘struggling more.’
Are Tired Tech Traders Rotating into the Others?
As tech gets long in the tooth and traders get tired of those same old extended names, are they taking advantage of other market segments?