1. Momentum Re-Balance to Value—MTUM ETF Re-Bal–Tech weighting -23% vs. Financials +31%

Momentum Re-Balance (MTUM ETF) –This is sector rotation strategy. 

Eric Balchunas@EricBalchunas

Nice look at the massive sector changes coming in the $MTUM rebalance this month, big move into value stocks. Financials is the new Tech via

@justinaknope

1. Massive Amount of Retail and Institutional Cash Sitting in Money Markets.

Jefferies

1. Bitcoin Bear…BTC -54%….ETH -55%….BNB -60%….DOGE -70%

Crypto Correction

It was a tough week for Crypto, with 50-70% declines across the major assets… For Bitcoin, high volatility and large drawdowns are par for the course. We’ve seen declines larger than this many times throughout its history…

1. Tech vs. Energy Sector Weighting Spread in S&P.

Momentum ETFs are re-balancing in coming weeks…watch for changes in sectors.

1. Crypto Shaves $850B Off Market Cap….Still a Blip on Chart

Crypto markets have shaved more than $850 billion from their combined market value, according to CoinMarketCap.com.