Rotation Update

How It Started ... How It's Going

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Spin Me Right Round, Right Round

About a month back we posted the first of two (so far) baskets of rotation opportunities.  By 'rotation' we mean that we expect some institutional money to be taking profits in tech after the monster run-up in the Nasdaq in 2023 year to date, and then deploying the capital into stocks that have yet to participate in this year's rally.  

The first basket came from the financial sector.  Paying subscribers can read the original post, here:

Rotation Opportunities
Market-neutral, institutional-grade investment research. Fiercely independent.

It's worth us checking in on these names to see how this idea is going.  We'll focus on charts alone at this stage rather than earnings analysis.

First up, here's the basket of stocks, equal-weighted, since its 23 June inception.

Now let's go stock by stock.