The Rotation to Cyclicals
12:48 p.m. ET Toward the end of last week I expected a rotation to procyclical sectors/value/Small Caps. Pre-market mega cap leadership gave way at the cash open to the procyclical/value rotation. The rotation apparently needed to wait out Friday’s record setting options expiration. Since the open, the tech -heavy Nasdaq-100 and S&P-500 have done next…
