Sep. 8 at 11:33 AM
We all suspected money rotating back and forth between Software and AI Suppliers/Semicounductors, and here is the correlation of the following since July.
🟩UP🟩
■
$IGV (Software Sector) +12.03%
■
$TXN (10Y yield) +6.91%
🟥DOWN🟥
■
$DRAM (Memory Sector) -9.37%
■
$SOXX (Semiconductors) -13.31%
Since beginning of Sept., I'm starting see rotation back to AI/Chips.
$QQQ