Back of the envelope 2y

The interesting thing to me is the sector divergence, in the sense that some things have sold off enough to become cheap, others not so much

In the past market bottoms also, some sectors (for ex: high growth, tech names) have bottomed at least 1 to 3 month ahead of Index bottom AKA market bottom. The big companies of the Index, so called generals, will bottom along with the market/ Index. I consider Berkshire/ Apple’s big, generals.

Some of the fintech names have seen the low’s of the cycle it seems. You may want to nibble those names and wait on Berkshire, Apple.

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