Oil has declined over 20 % in the summer. Tech and Consumer related names have recovered signifgantly since the July lows. There has been a rotation into technology.
Tech, consumer and financials dominate the US markets and early signs of rotation out of commodities and into stocks.
Chart demonstrates recent sell of in Oil and Gold - and the recent diveragence. Woth a look:
Black: CRB VS SPX Red: Real Price SPX Blue: Real Price CRB Index
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