Meanwhile, the strength is rippling across the cyclical complex. Metals & Mining $XME is breaking out from a massive 3.5-year base, with the potential to rip much higher.
The leadership baton is being passed.
The groups set to lead the next leg of equity market performance look very different from the tech-heavy winners of the last 15 years.
We’re seeing this play out clearly in the international vs. U.S. rotation — and we’re now seeing similar shifts domestically, with money rotating aggressively back into cyclical areas.
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