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Ep. 192: Scott St. Clair: Leaders Don't Last Forever

Investing With IBD

CHAPTER

The Rise of Energy

The percentage of the S&P, as last I saw was 25% information technology. That doesn't have to end today or yesterday; this has been an issue for years. For energy to go from three to just the median, historically, maybe 10 or 12, that's a triple. The money is gradually slowly, it's a poker game. They're trying to move their chips into a different pot very slowly without giving away their hand.

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