Tech Rotation

Remember earlier in the week we said be on the lookout for specific sectors outperforming the market? This week it has easily been tech. Yesterday we saw Apple hit all time highs, today we saw Microsoft and Tesla do the same. Each week it seems the market picks a sector to move significantly. This is called rotations. They provide incredible trading opportunities if you catch at the right time. If you decide too late to hop on the wave, you’ll end up getting wiped out. Don’t get FOMO and make impulse plays because there will always be another wave to ride. You just have to find it and be ready. Should be interesting to see if tech will continue to grind higher and pull the market with it or if it dies out, the market could be pulled down with it..

-TJ Brescia

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