Don here...
Gianni Di Poce has been bearish since the end of January. Today, he started buying.
The reason comes down to one chart that changes everything about this pullback.
After the Iran attack sent futures gapping lower over the weekend, the S&P 500 fell to its lowest level since late November. The Dow dropped to levels not seen since mid-December. Both indices took out their early February lows.
The NASDAQ never did.
That divergence is the signal Gianni has been waiting for. The index that topped out four months ago and has been the weakest link since October is now holding up better than the broader market. Gianni sees this as the start of a rotation back into growth and tech names.
The sector-level evidence backs him up. Communications led all sectors today despite the broader market trading lower. The Magnificent Seven stocks declined less than the indices. Meanwhile, defensive sectors like consumer staples and utilities lagged the growth names.
Gianni calls this the biggest buying opportunity of 2026. He laid out the full case in tonight's video:
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The NASDAQ's refusal to make a new low while the S&P 500 and Dow both broke down signals that money is rotating back into growth names
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The Magnificent Seven now make up 40% of the S&P 500, and their emerging relative strength could lift the entire index
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Semiconductors hit a new all-time high last week and are consolidating, which Gianni views as healthy rather than worrisome
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The US dollar is surging against the yen and euro, suggesting capital is flowing back into US big cap tech after four months out of favor
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Crude oil may have just printed a "buy the rumor, sell the news" capitulation high following the geopolitical escalation
Gianni isn't going all-in yet. He is selectively initiating long positions in the strongest individual growth stocks. His logic is straightforward: if the indices make one more low, the strongest stocks likely hold their levels.
Click here to watch Gianni break down the rotation signals and which names he's targeting
To your success,
Don Kaufman
Chief Market Strategist, TheoTRADE
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