The interesting thing lately is the profound rotation in the market.
The DOW is the strongest index where all the money is going, 6 out of 7 record closes followed by the S&P and lastly the Nasdaq and big cap tech underperforming.
Conversation
Dow was only up 6 percent in 2020 vs 16 percent S&P500 and 40 plus % for Nasdaq. Dow contains epicenter stocks hit by Pandemic. Reflation trade and tech does not do well with rising rates.
It is interesting. Do you see this continuing with the QQQ and tech names (AAPL, AMZN underperforming) or do you think this is just temporary?





