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Fresh news and strategies for traders. SPY Trader episode #1473.
The market is pulling back slightly as Fed minutes dampen ratecut hopes, citing strong 4.3% GDP growth and inflation concerns. This shift is driving sector rotation out of highflying tech and into cyclicals like Energy and Financials. We recommend buying the dip in core tech (QQQ) for longterm exposure while strategically adding to XLE and XLF to capture value in the robust economy.