From the continuous fiscal stimulus to the Fed's bond selling speed that weakened more than expected, it already means that the US economy will remain in a relatively friendly macro environment in terms of both fundamentals and liquidity for the rest of the year.

In this context, it is not easy for US stocks to rebound significantly, but the probability of funds rotating between themes and sectors is higher. Recent markets have clearly demonstrated this: in addition to rotational gains among indices, there is also a very obvious rotational uptrend among specific sectors.