I scanned thru public charts and seen telecoms and defense sector trending up (among a few)
So let me re-phrase my view. Yes, there is such a thing as sector rotation, happens every year.
My experience was, 'I chased it'. Just like individual stocks, its good if traders were already focused on it, but should not give chase half-way thru the break. So if traders are already there and focused, then pull the trigger.
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