Don't Overcomplicate This Market

The FATMAAN names were lagging early but are now leading as the momentum in small-caps is starting to lag. Individual trades are shaking the trees looking for new picks and once there is some momentum then other traders jump in and help to drive them. There is some rotation taking place and it has been tough for the folks that play high beta technology names but the pockets of action in various groups like SPACs, cannabis, etc., have been very good for fast-moving, aggressive traders.