The S&P 500 and Dow are closing out the week with losses, despite a few up days here and there. The Nasdaq on the other hand is up… oooh… a whopping 0.35% in the past five days. As I’d say on any given morning, “massively unchanged!”Most of that Nasdaq gain is because Tesla (TSLA) kicked the tech index in its @#% with a decent earnings report and dragged it along for the ride. Unless something dies next week, tech as a whole is on track to have a decent month; XLK is sitting on a 2.7% October gain right now.Financials… well… they’re down bad. Bierman’s been hollering for more than a week about a bubble forming in asset managers and brokers, and he’s not wrong. Thanks to interest rate trouble, it looks like that might be coming to a screeching, flaming halt, Hindenburg-style.And a look at the VVIX shows risk is creeping back in.Am I worried? Hell no – as wild as this all sounds, it’s actually GREAT NEWS. Sector rotations are rocking and rolling. We’re staring down the barrel of some incredible trading opportunities because of all this.Video Length: 00:19:59More By This Author:Back Up The Cyber Truck For This Stock It’s All About Oil And Energy Versus Gold And Inflation The Market’s Breaking Its “Silence” In A Big Way
