Spread snapshot
MOTOR VEHICLES & PASSENGER CAR BODIES is averaging 0.12% while ELECTRONIC COMPUTERS is averaging -0.91%.
When this gap widens, portfolios usually reward relative-value positioning over broad beta.
Name-level confirmation
Leaders in MOTOR VEHICLES & PASSENGER CAR BODIES are carrying most of the upside, while names in ELECTRONIC COMPUTERS are contributing to downside breadth.
The key test is whether leadership expands beyond the first two names.
- TSLA: 0.12%
- AAPL: -0.91%
What to monitor
If lagging sectors stabilize on volume, this rotation can cool quickly.
If leaders keep expanding breadth, the rotation can persist into the next session.