Gotta respect the market's sense of humor here. All year the prominent voices were hammering the same thesis—keep loading up Amazon and software, semiconductors are washed. Felt inevitable, right?

Then January hits and boom—multi-standard-deviation swing in the exact opposite direction. The market literally said 'thanks for the heads up' and did the inverse.

One day doesn't define a trend, obviously. But there's something darkly amusing about it. The consensus gets crowded, then you get these violent reversals that leave everyone scrambling. That's just how it works sometimes.