Reversal of the "Rotation Game" in the Stock Market?
- The S&P 500 and the NDX Nasdaq 100 continue to act well, but the stock market is returning to a very narrow one once again. This is a concern…because not only are some of the broader indices lagging the SPX & NDX, but they’re also actually falling.
- The U.S. stock market continues to ignore several clouds that have been forming on the international landscape for some time now. The problems in China are not subsiding. At some point, that’s going to have a negative impact on everybody.