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Ryan Detrick: 9 of 11 S&P 500 sectors advance despite technology weakness

Ryan Detrick: 9 of 11 S&P 500 sectors advance despite technology weakness
Nine S&P sectors up as tech lags

Ryan Detrick, chief market strategist at Carson Group, observes that 9 out of the 11 S&P 500 sectors are trading higher during the day.

While technology is underperforming, he describes the ongoing market rotation as a healthy development.

Detrick has addressed bull market dynamics in several recent appearances. Speaking from Wrigley rooftops, he discussed market trends and streaks with industry peers. On CNBC, he also stated that the current bull market is not over. His latest comments come as sector rotation continues within the S&P 500.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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