The stock market rotation that rocked investors this month may have been driven by a technicality
A trader works at the New York Stock Exchange in New York.
Wang Ying | Xinhua News Agency | Getty ImagesWhat exactly happened during the “once in a decade” stock market rotation earlier this month that rocked investors? It might’ve just been a one-off technical move and not based on fundamentals.
A huge rotation out of momentum into value names took place suddenly last week. Many read the…