Dana Lyons, fund manager and editor of the Lyons Share Pro website, joins me for an in-depth discussion around a number of market sectors and provides his technical insights and trading strategies around general US equity markets, some specific sector ETFS, and then commodities and resources stocks as it relates to oil, gold, silver, copper, rare earths, lithium, bitcoin, international markets, and emerging markets. He makes the point that many sectors are working, even as mega-cap tech leadership has been rolling over. We discuss portfolio trading strategies, monitoring relative strength, where to sell the rips, and where to buy the dips. Sectors and ETFs specifically addressed in this conversation: (RSP) Invesco S&amp;P 500 Equal Weight ETF (RZG) Invesco S&amp;P SmallCap 600 Pure Growth ETF (RFG) Invesco S&amp;P MidCap 400 Pure Growth ETF (FBT) First Trust NYSE Arca Biotech ETF (FXH) First Trust Health Care AlphaDEX ETF (JETS) US Global Jets ETF (XLE) State Street Energy Select SPDR ETF (OIH) VanEck Oil Services ETF (GLD) SPDR Gold Shares (GDX) VanEck Gold Miners ETF (SLV) iShares Silver Trust (CPER) United States Copper Index (COPJ) Sprott Junior Copper Miners ETF (COPX) Global X Copper Miners ETF (REMX) VanEck Rare Earth/Strategic Metals ETF (LIT) Global X Lithium &amp; Battery Tech ETF (BTC/USD) Bitcoin (EWY) iShares MSCI South Korea ETF (EWT) iShares MSCI Taiwan ETF (EEM) iShares MSCI Emerging Markets ETF (IEMG) iShares Core MSCI Emerging Markets ETF Click here to visit the Lyons Share Pro website and learn more about Dana’s investment services – https://lyonssharepro.com/ For more market commentary &amp; interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Dana Lyons – Capital Rotation In The US Equity Markets, Commodities and Resource Stocks, Bitcoin, and International Markets

The KE Report

# Full Transcript

**Podcast:** The KE Report

## Transcript

Hello and welcome into the KE Report. I'm your host, Shad Markwitz. And today we're getting an update from our friend and colleague, Dana Lyons. Dana is a fund manager and editor of the LionShare Pro website. And Dana, it's always great to have you on every couple weeks and just look at how your models and your quantitative analysis is picking up on different sectors. And what we can say as a general theme since we've talked last is that kind of an inverse. Last time we were seeing a lot of the mega cap tech continue to be the leadership and maybe not as much

participation and breadth. And now we're seeing some of the money rotate out of the mega cap tech stocks and the MAG7 and into a lot of different areas of the market. So I guess with that theme, let's pick it up there. That's exactly right, Shad. For a long time, like you mentioned, it was the MAG7. It was a large cap growth, momentum type names, NASDAQ 100, those types of areas that were the clear leaders.

But while those were pretty much carrying the leadership mantle, there were there are plenty of areas that have been working, even if they've taken a back were taking a backseat to some of the momentum and large cap growth names. Over the last month or so, I think we've seen kind of a flip flop there where we've seen some of those former high flyers and leaders, MAG7, whatnot, kind of lose steam a little bit.

We've seen just in the last rally, I guess over the last week or so, we've seen for the first time a long time lower highs forming in some of those large cap growth names. And at the same time, what has kept our models positive is you've seen leadership kind of shift to some of the broader averages, the small caps, the mid caps and various sectors.

But it's been like kind of a broad type of rotation out of those MAG7 momentum leaders and into kind of the broad areas that like I mentioned. So that's honestly, if we had to have it either way, this would be our preference, you know, having a broad foundation underneath the underneath the market. That's a harder market to turn. You can turn a few areas or sectors here and there.

But when you have, you know, the vast majority or even just the majority of stocks that are moving higher, that's a harder market to kind of turn on a dime and turn lower. Usually you see a waning or deterioration in those internals in the broad market itself before, you know, the ultimate top. So right now it's steady as it goes as far as the broad market is concerned.

Yeah, it's a lot healthier to see more participation and not have everything so concentrated, although the weightings and the weighted indexes are so concentrated on the MAG7 that it may affect those. But when you look at the equal weight, when you look at the mid caps, the small caps, nice to see a lot of participation in various sectors. Any particular ones that stand out to you? I know you like to focus on ETFs. So any ETFs in ...

Dana Lyons – Capital Rotation In The US Equity Markets, Commodities and Resource Stocks, Bitcoin, and International Markets

Transcript

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Dana Lyons – Capital Rotation In The US Equity Markets, Commodities and Resource Stocks, Bitcoin, and International Markets

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.