1) $NDX vs $SPX near Mar 2000 levels. Recent signs of factor reversions strengthening today. Tough to see on chart, but this year the ratio peaked Mar 23, retested the high Apr 16, and is now starting to roll over.

$XLE outperformed $XLK by 25% last ...
https://t.co/a5XGjsTqKl https://t.co/pf2wswgquy