My New Age Beverages Trade Is Killing It (Glad I Didn't Listen to the Bears!) [TheStreet.com]
Apple Inc. (AAPL)
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Source: TheStreet.com
My New Age Beverages Trade Is Killing It (Glad I Didn't Listen to the Bears!) One of the major themes in the stock market recently has been rotation. Quite often it is invisible if you are looking only at the major equity indices but there are times -- like Wednesday -- when the rotation is much more evident. What is readily apparent Wednesday is that the Dow Jones Industrial Average is up around 0.7% while the Nasdaq 100 ETF (QQQ) is down about 0.3%. This is primarily a function of money rotating out of large-cap technology names such as Apple (AAPL) and Amazon (AMZN) and into big financials like Bank of America (BAC) and oil names like Exxon Mobil (XOM) ....304 more words left in this article. To read them, just click below and try Real Money.
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