• Today is a “quadruple witch” expiration day, so it will be very hard to decipher anything from today’s action……We’d just like to note, however, that yesterday’s action was the kind that told us that investors are starting to do some selling…and not just “rotating” within sectors…..Yes, there was still some rotation within the big cap tech sector, so we don’t want to draw any definitive conclusions yet.  However, we’re still watching the Russell 2000 very closely for signs about whether the big rotation move that so many people are looking for…will actually come to fruition. 


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