Highlights
- Market leadership may be broadening beyond AI winners, which could extend the bull market but make identifying standout leaders more challenging.
- MOTR’s Risk Gauge recently turned “Risk On,” suggesting many extreme market divergences may normalize through improving conditions rather than broad market weakness.
- Elevated valuations need not trigger declines immediately; earnings growth could outpace stock gains, allowing valuations to compress while prices continue rising.
- Small caps show signs of a long-term bottoming process, supported by improving breadth, breakout signals. . .
