Weekly Rotation News

What a week for the market! SPY just keeps wanting to break 500, hard to believe where it was when COVID kicked off almost 4 years ago.

As expected from last week XLF continued its run and relatively strong against SPY based on the timescale I’m looking at. The good week also affected XLC and allowed it to hit a 52-week high resulting in it also getting stronger to SPY. XLK continues to be XLK and the three ETFs are safe and sound in my portfolio.

Sector ETF Relative Rotation against SPY

XLY is slowing down its fall – might keep an eye on consumer spending, especially with the recent jobs report.

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