Losers Become Winners This Week

This week's rally has been powerful with most indexes nearly erasing their losses during the first three weeks of June, while sector rotation amongst tech and energy stocks has been significant.

The tech heavy NASDAQ 100 was getting crushed in June through last Friday, down 6.55 percent, but this week, it is the top performer amongst major US indexes, up 4.87 as of Thursday's close.

The S&P large cap sectors tell a similar story. Energy was getting crushed in June through last Friday, down 7.61 percent, but this week it is the top sector, up 6.15 percent.

Tech tells the same story; the second worst performer in June through last Friday, down -7.25 percent, but the second best performer this week, up 4.97 percent.

The table below highlights the stocks that are driving the rally in energy and technology along with the winners in the NASDAQ 100.

This week's rally has been powerful with most indexes nearly erasing their losses during the first three weeks of June, while sector rotation amongst tech and energy stocks has been significant.

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