Sector Rotation Favors Technology — But for How Long?

Julius de Kempenaer, creator of RRG Charts, reveals why technology and communication services remain the key market drivers while defensive sectors continue to struggle. He also examines how asset class rotation still favors stocks over bonds—and what exactly that means for investors watching sector leadership.

Julius takes a top-down look at the markets, starting from asset class rotation and drilling into U.S. sectors, to reveal where strength and weakness are building. Stocks continue to outperform bonds, led by powerful uptrends in technology and communication services, though consumer staples remains deep in the lagging quadrant. Julius also highlights the mixed signals across discretionary, healthcare, and energy, as well as the steady pressure on defensive sectors. With only a handful of sectors driving market gains, Julius breaks down what these rotations say about market breadth and where risks may be emerging.

➡️ Link to Julius' Public ChartList: https://stockcharts.com/public/2918885

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00:00 - Welcome

ASSET CLASS RRG
00:35 - USD, Bonds, Commodities

CHARTS
05:25 - SPY:IEF, $BTCUSD,

U.S. SECTORS
08:12 - Weekly RRG
11:47 - Daily RRG

SECTOR CHARTS
15:49 - XLB, XLC, XLE, XLF, XLI, XLK
21:45 - XLP, XLRE, XLU, XLV, XLY

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❗️DISCLAIMER
Past performance is not indicative of future results. Neither the Show Participants
nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show.
Strategies or investments discussed may fluctuate in price or value.

Investments or strategies mentioned in this show may not be suitable for you and
you should make your own independent decision regarding them. This material
does not take into account your particular investment objectives, financial situation
or needs and is not intended as recommendations appropriate for you.

You should strongly consider seeking advice from your own investment advisor

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