Tech got dumped today. Info Tech sector -1.80%, worst on the board.
But $SPX barely moved. Down just 0.27%. That spread is the entire story.
Money didn't exit. It rotated. Financials +1.36%. Consumer Staples +1.21%. Materials +0.95%.
This isn't panic. It's repositioning. Flow moving out of overpriced growth into cheaper defensive plays.
$DIA +0.29%
$SPX -0.27%
Watch what moves, not what dumps.
But $SPX barely moved. Down just 0.27%. That spread is the entire story.
Money didn't exit. It rotated. Financials +1.36%. Consumer Staples +1.21%. Materials +0.95%.
This isn't panic. It's repositioning. Flow moving out of overpriced growth into cheaper defensive plays.
$DIA +0.29%
$SPX -0.27%
Watch what moves, not what dumps.
