Investors appear to be fleeing the once white hot commodities space in favor of tech and financials. How should you trade the rotation?
I think this trend has legs for at least the next several months, says Guy Adami. Investors have been in commodity stocks for a while and I expect them to get out. Financials appear undervalued to me, and I expect that's where they'll go. Look at Goldman Sachsand Wachovia, he counsels.
I agree, adds Karen Finerman. I bought Citigroupon Wednesday as a proxy for this space.
But take your time, adds Jeff Macke, Accumulate positions in both tech and financials but buy the dip.
Sector Rotation: Last 6 Months
Sector Rotation: Last 5 Days