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Today, Greg revisits the FAANMG stocks. Last week, there was a major turnaround in the marketplace especially in the tech sector. With the tech revival last week, things are starting to look a lot brighter in the Mega Cap space.
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10-year Treasury yields are on the rise. Sector and Style relative rotation studies favors Value. The Pure Value / Pure Growth ratio is breaking out to the upside, favoring Value over Growth, this ratio has an 85% correlation to 10-year Treasury yields.