Reading a defensive rotation without waiting for the headline
How to tell a genuine shift into defensive sectors from a short burst of relative strength that fades when participation fails.
Journal
Journal
Notes on sector leadership, participation, and the practical questions that appear before a rebalance.
Advance-decline gaps that deserve a pause
Three patterns where market breadth diverges from index price — and why a pause can be more useful than a forced conviction.
Preparing a sector map your committee will actually use
A working method for packaging rotation evidence so the next allocation meeting spends time on judgement, not deciphering charts.