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The S&P 500 and the SBE 500 Are Both Positive
Under the surface, we're seeing very high sector turnover and a lot of rotation. Every time something goes up, they all rush over to that and you see other sectors go down. It's kind of causing the swirling effect where the markets look good on top. But I suspect come about August, we could start seeing a little bit more weakness in the market,. A little more chop, and potentially another leg down as this chopping is starts to settle on a direction.