First of all, I apologize for my absence this week. I caught something that looked like Covid, and felt like Covid, but it did not identify (pun intended) as Covid. Apart from feeling lousy, also my voice was gone, so making a video was not a good idea. I am getting back into the trenches now (not 100% yet), at least with this short article, after an eventful week marked by a historic interest rate decision. What’s happening in sector rotation? The weekly Relative Rotation Graph for US sectors above largely shows a continuation of the rotations set in motion a few weeks ago. There has been a small increase in the energy and Communication Services sectors. Energy is far to the left inside the lagging quadrant and, based on RS-Ratio, the weakest sector at the moment. Communication Services is very close to the benchmark and on a very short…
