Woods: "When We Talk Rotation, It's Healthy"
Schwab Network
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February 10, 2026 at 02:15 PM UTC
Bullish
85% Confidence
Watch on YouTube
Key Points
- Market rotation is healthy, with 68% of S&P 500 stocks above their 200-day moving average and the Dow reaching 50,000, confirming a strong secular bull market.
- Software stocks like Salesforce, Adobe, and Palantir are struggling ('Saas-pocalypse') due to AI concerns and lack of price follow-through on solid earnings.
- Industrials (e.g., DuPont, Coca-Cola, Pepsi) and old tech (Cisco) are performing well, indicating a shift towards stable, dividend-paying companies.
AI Summary
Jay Woods discusses the ongoing market rotation, noting it's healthy for the bull market, evidenced by the Dow hitting 50,000 and broad market participation. While tech and software stocks face a 'Saas-pocalypse' due to AI concerns and earnings follow-through issues, industrials and value stocks like Coca-Cola and Cisco are showing strength, suggesting a shift towards 'boring is back' investments.
Model Analysis Breakdown
| Model | Sentiment | Confidence |
|---|---|---|
| Gemini 2.5 Flash | Bullish | 85% |
| Consensus | Bullish | 85% |