THE CARA PLAYBOOK — February 12, 2026
Post-Market Analysis | Strategic Guidance for Professional Allocators
Playbook Thursday:
One day ago, we declared “The Great Rotation” confirmed. Today, that rotation failed. Yesterday’s leadership—Energy, Materials, Industrials—opened green and sold off into the close (XLE -0.62% 1D, XLB -0.47% 1D). The anticipated “pullback for entry” became a distribution event. Capital did not rotate to cyclicals; it hid in defensives …
