FundFlow — Sector-Rotation Desk
DESK POSITION · FROZEN-LIVE
No position captured yet — the frozen-live record starts at the first daily capture.
building record0 calls logged · 0 matured · headline shows at n≥10
Frozen-live record began — · NO reconstructed pre-history · measured as excess vs SPY buy-hold · gross, before costs · price-derived tags, not executed trades, not actual fund flows
Where leadership is rotating
Price-derived sector leadership (RS + Rotation), not actual fund flows.
Biggest changes
No regime changes in the last 0 sessions.
vs 0 sessions ago · Strength = total move · Leadership axis is fast/noisy — a watchlist cue, not a verdict
Market breadth
Not enough history to measure breadth yet.
Today
Nasdaq lags as tech rotates Internally; Financials and Communication Services lead
The S&P 500 (SPY) closed modestly lower at -0.14%, while the Nasdaq 100 (QQQ) underperformed at -1.52% and the Dow (DIA) was effectively flat at +0.002%. Small caps (IWM) slipped -0.38%. The VIXY proxy rose +1.08%, indicating a mild pickup in implied volatility. Sector relative performance was sharply bifurcated: Communication Services (+2.44%) and Financials (+2.18%) led, while Technology (-2.57%), Utilities (-1.26%), and Industrials (-1.01%) lagged. Notably, the tech weakness was idiosyncratic—META (+8.81%), CRM (+4.19%), and PEP (+4.25%) posted strong gains, even as AMD (-6.89%), WMT (-3.92%), and ORCL (-2.76%) declined. The divergence between QQQ and DIA, combined with mixed sector leadership, suggests internal rotation rather than a directional risk-off move.
Premium
Loading…