@Klein-Anleger It is not and does not have to be. But: a partial rotation is good for the market at the current level. All rocket growth in honor is not healthy in the long run.
@Klein-Anleger and it is not about the momentum of high-risk stocks per se, but much more about the factor. Most recently, the broad market was almost exclusively invested in the momentum factor. Almost all other factors have been completely ignored, with the exception of companies from the sectors that are suspected of being underperforming (AI and space).
