At asset class level, Julius highlights the strength of the USD, which also plays a role in the weakness of BTC. Stocks and Bonds did not move much last week, while commodities seem to be turning. Sector rotation keeps throwing curve-balls, with defensive sectors continuing to weaken and consumer discretionary pushing into the leading quadrant. The S&P 500 remains under long term pressure from a lot of overhead resistance.
In this episode of Sector Spotlight, Julius starts with an overview of the current asset class rotation, using daily and weekly Relative Rotation Graphs. In this segment, he replaces VNQ (real estate) with BTC, which better represents the asset class landscape, as Real Estate is already present i...
On this first Tuesday of of September, Julius dives into the monthly chart, which was completed last Thursday. He kicks off with a view of sector rotation using the newly added monthly time frame on Relative Rotation Graphs and sees all three defensive sectors crossing over into the leading quadr...
On this last Tuesday of the month, Julius looks at seasonality and tries to align the theoretical expectations for the relative performance of sectors against the S&P 500 going into September with the current reality as it is playing out on the Relative Rotation Graphs. He then continues with a l...
