I depends some what index you are talking about though. Nothing real new I suppose, but the speed at which it flips sectors seems rapid. If you decide to chase it you don't have six weeks or you likely bought near the sector top. It's easier to just be diversified and make smaller trims and adds if that is of interest.
Oil is one of the few sustained trends I see right now.
Oil is one of the few sustained trends I see right now.