Highlights
- Media narratives highlight risks, but market behavior shows resilience and continued underlying strength across most stocks.
- Breadth and leadership trends indicate more 'good' than 'bad', with weakness limited to a few admittedly important but thus far isolated groups.
- Most leading 'New Era' industries remain in uptrends, suggesting any future deterioration will unfold gradually, allowing time to adjust if needed.
"The Media is not the Market."
. . .