Julius jumps right into the rotations for asset classes and sectors. At asset class level, the only things that go up in price are commodities; the USD has made a strong move and is back on track. Meanwhile, both stocks and bonds are dropping like a stone.
Relative Rotation Graphs help to find sectors that are doing relatively well and can be used to hide from the current storm. At the end of the show, Julius uses Relative Rotation Graphs as a measure of breadth, showing the individual stocks in each sector against the $ONE benchmark to paint the picture for the S&P 500 index.