Temperature 59 — first crack in semis, defensives bid

Investment Diary: Trimming into strength

Tactical sector rotation infographic — AI Trade vs Non-AI Trade. AI Trade basket (Technology, Communication Services, Information Technology, Industrials, Energy/Power Demand) vs Non-AI Trade basket (Consumer Staples, Health Care, Financials, Energy, Utilities, Real Estate). Relative-performance line indexed to 100 (Jan 2023): AI Trade at 175, Non-AI Tr…