Red Sweep Reversals...?

Reversal reflections

The Red Sweep trade has been on a tear lately and for sure has had a feeling of invincibility and "larger than Mar a Lago life". But trees do not grow to the sky right away and maybe the Red Sweep trade needs to take at least a short term break. We are starting to see some signs of fatigue and even smaller reversals. Let's examine if it is time to be a contrarian to the Trump bump.