Energy's flying today while defensive plays are right there keeping pace. Interesting move—when risk appetite gets cautious, these two tend to lead the rally. Energy catching bids suggests inflation concerns still lurking, or maybe the macro backdrop's shifting toward safety. Either way, worth watching how long this hold stands. Defensive sectors tagging along tells you something about where smart money's positioning right now.
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Energy's flying today while defensive plays are right there keeping pace. Interesting move—when risk appetite gets cautious, these two tend to lead the rally. Energy catching bids suggests inflation concerns still lurking, or maybe the macro backdrop's shifting toward safety. Either way, worth watching how long this hold stands. Defensive sectors tagging along tells you something about where smart money's positioning right now.