7 Rotation Charts You Might Have Missed

Extremes

Since last week’s US CPI print up until Thursday, the Russell 2000 outperformed the Nasdaq by 14% - the best one-week outperformance since the dot com bubble burst. Furthermore, Russel 2000 outperformed SPX by 10% - the most on record. And the unprofitable tech basket has been trading higher for eleven consecutive days, the best run it has ever had. An extreme amount of extremes. Let's look closer at the rotation.