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- Jul 20th Weekly Stock Market update - The rotation from big tech stocks to small cap continues it second week
Jul 20th Weekly Stock Market update - The rotation from big tech stocks to small cap continues it second week
$UBER $MSFT $SAP $DUOL
Review
The Mag7 stocks are down 6% from their high’s collectively, but small cap is up 4% during that same time frame. The last 2 weeks has been the start of that movement. The other movement is towards interest rate sensitive stocks such as SOFI, HOOD, COIN and AFRM.
Year to date, the markets are still up strong