Buckle Up: Big Changes Are Underway in the Markets
By Don Kaufman
This market is a basket case just after the close today.
We’ve got earnings flying in from every direction: Alphabet (GOOGL) just hit, Tesla (TSLA) will have hit by the time you get this, and the S&Ps are whipping around like a kite in a hurricane.
While this is happening, retail is fixated on the usual suspects – big tech, big headlines – but I’m here to tell you: the real story is under the surface.
Tech is wobbling right now, which means the Nasdaq’s losing steam. And guess who’s stepping up? Financials. Utilities. The Dow… yeah, the Dow!
But this isn’t just an earnings-season tempest in a teacup. If you know what you’re looking at – and I’ll show you in a second – you see this is an actual shift. A big one.
So, let the herd chase a TSLA pop or try and out-guess Google. We’re going to look at where the real leadership is coming from and what we can do about it.
Strap in, let’s get right into it…
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