The sector rotation you're flagging, Energy holding while Tech and Consumer Discretionary lead the decline, is the same pattern showing up in institutional positioning right now.
What stands out is that most serious allocators made this shift quietly over the past two months, before Friday's move made it obvious.
The RSI discipline you apply to individual names is doing the same work at the macro level: waiting for the setup, not chasing the narrative.
Risk-off environments tend to reward whoever already moved.
The sector rotation you're flagging, Energy holding while Tech and Consumer Discretionary lead the decline, is the same pattern showing up in institutional positioning right now.
What stands out is that most serious allocators made this shift quietly over the past two months, before Friday's move made it obvious.
The RSI discipline you apply to individual names is doing the same work at the macro level: waiting for the setup, not chasing the narrative.
Risk-off environments tend to reward whoever already moved.
Jess, another great weekly! Thank you!
Great article Jess. I totally forgot about the World Cup happening this week