Defensive Posture: Dump Financials, Stock Up On Utilities And Tech

person using macbook pro on black tableImage Source: If you didn’t know any better, looking at the market this afternoon, you’d think “Hm. Quiet. No volume.” And you’d be right… but this market is going to wake up.How do I know? You can tell a lot by following the flow of cash out of one sector and into another. Go figure.Right now I’m seeing a lot of defensive posturing going on – filling sandbags. Traders are dumping financials, scooping up utilities left and right, and getting back into the sector that was dead three or four weeks ago: tech.And when you look at the calendar, you can see the end of the quarter coming this week.Add it all up and you’ve got a hell of a volatile market on your hands. That could happen as soon as tomorrow or Friday, so listen to what I’m about to tell you…Video Length: 00:08:13More By This Author:The Bulls Are Pressing The Bears As Stocks Consolidate Near All-Time Highs We’re Dealing With Muted Monday Malevolence The Fed Is Playing With Inflationary Fire

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