FYI: In the market last week, Bespoke saw some big shifts in performance as sectors like Consumer Discretionary, Technology, and Consumer Staples all sold off and dropped below their 50-day moving averages, while sectors like Financials and Energy moved in the other direction. Whether or not this is part of a longer-term cyclical shift remains to be seen, but the picture is no longer as green as it once was.
Regards,
Ted
https://www.bespokepremium.com/morning-lineup/morning-lineup-change-is-in-the-air/