The Benefits of a Rotation in the Stock Market

There are a bunch of typically conservative hedge fund guys who have spent the last year being short-tech and long energy. And that trade is going to finally work. If you look at factors right in the stock market, like if you look at energy and tech on an intraday basis they're always going in opposite directions. That's really interesting. I bought oil two days ago and when I trade, I don't like I'm a very long-term trader. But I think that chart of oil looks really, really interesting here.