How The Stock Market’s Great Rotation Resembles Bitcoin and Altcoin Relationship

bitcoin altcoins stock market great rotation Depositphotos 240852738 xl 2015 630x420

The S&P 500 just closed its strongest weekly performance against the Nasdaq Composite in the last four years in what analysts are calling a “Great Rotation.” The trend of shuffling capital closely resembles what’s taking place across the crypto market with Bitcoin and altcoins. Is this “Great Rotation” essentially the stock market’s version of alt season? And what are the factors driving this interesting investment phenomenon? S&P 500 Beats Nasdaq Composite For First Time In Four Years In “Great Rotation” This week there’s been a shakeup in the stock market, but it wasn’t the result of a selloff. Instead, the regular tech stock over-performance has taken a backseat, allowing other stocks and indices to shine as a result. The US tech industry has kept up the strongest growth out most other categories, reflected in the tech-heavy Nasdaq Composite regularly beating the S&P 500 and the Dow. After the Black Thursday…

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