WS #10789
S&P 500 equal-weight outperforming cap-weight, with SPY on track to close below 50-day MA for first time in over two months, signaling rotation away from mega-cap tech. Micron Technology (MU) up 15% in a broad market selloff, indicating capital rotation into semiconductors.
S&P 500 Divergence and Technical Breakdown
S&P 500 equal-weight outperforming cap-weight, with SPY on track to close below 50-day MA for first time in over two months, signaling rotation away from mega-cap tech.
Micron Technology (MU) up 15% in a broad market selloff, indicating capital rotation into semiconductors.