Weekly Risk Gauge (WRG): “Improvement in Financials.”

Highlights

  • Despite a headline-driven week led by the historic SpaceX IPO, every major index we track advanced except for the MAGS ETF, while the RSP reached new all-time highs.
  • The Risk Gauge remains bullish, and the outperformance of equal-weighted and smaller-cap stocks supports staying long leadership and AI bubble names until the gauges suggests otherwise.
  • Financials and Utilities strengthened in our rankings, with exceptional breadth in Banks pushing the MOTR Group ahead. . .

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