Monday Set-Up For The Binky Bounce: From Sell The Rip To Buy The Dip In Just 15 Trading Days

Flipping

Just three weeks ago, Deutsche Bank's Binky Chadha downgraded Tech to neutral, ahead of a brutal rotation. Fifteen trading days later, he's flipping right back to overweight.

The logic is simple: Tech has gone from crowded to unloved, while earnings remain strong. Binky sees the risk/reward flipping again and history suggests he may be onto something.