回复@Bear_Prince: 对于1这些new money会不会直接去iwm小票而不去接盘big7获利盘呢//@Bear_Prince:回复@盈利的小刘:我觉得不用担心纳指会被暂时抛弃，相信你一定看到目前媒体上有很多breadth或者advance/decline这样的数据图标，告诉你meg7或者tech如何一枝独秀，过于stretch，但往往并不表明，他们需要sell off或者被完全rotate out。原因我认为judging by money market fund reserve (~ 6.35 trillion), there is still a lot of cash on sideline, 它们选择park在money market fund 就是因为high policy rate, 而今年eq的涨幅，实际上已经让这些fund underperform, 加上一旦more cut been priced（不仅仅今年，甚至明年），那么这些new money has more reason to come in(1.less yield parking cash, 2. Performance chasing)。至于今天目前big cap sold off, 更多是short term flow,需要立刻rotate, 我认为是暂时性的而不是中长期的theme改变。AI theme lead by semi和big cap tech我认为H2依然会有所表现，希望我表达清楚了～