Moonman321
Oct 30, 4:15 AM
$NVDA $CABA $PLUG $SIDU $QBTS rotation setup is getting harder to ignore.
The Fed held rates—no hike—and big tech is finally showing cracks after leading the market for years. Meanwhile, the Russell 2000 gained 1% Thursday as the Nasdaq fell 1.4%, and small caps are leading this week.
Now add the possibility of progress toward an Iran deal. If oil and inflation pressure ease, smaller, rate-sensitive companies could get a powerful tailwind.
We saw how fast this can move in July 2024: the Russell 2000 surged roughly 11.5% in five sessions as money rotated out of mega-cap tech and into small caps.
The market doesn’t wait for every headline to be confirmed. Smart money starts positioning when the odds begin to shift. I think we may be watching the early stages of that rotation now. Keep your eyes on the Russell.
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