
This week, we look at a simple question: will the stock rally continue, or is this just another countertrend move?
The charts in this video cover several key areas of the current market backdrop, including:
Technology leadership and whether tech is starting to take control again.
Semiconductors (SOX / XLK) and what a powerful short-term thrust may or may not mean.
The Dow, Nasdaq, and NYSE Composite to see if leadership trends are shifting.
Breadth and participation using advance-decline volume.
The S&P 500 and whether recent price action points to a meaningful change in character.
Treasury bonds/inflation expectations and whether rates remain a showstopper.
Private credit risk and whether it is a contained issue or something broader.
Geopolitical / Hormuz-related uncertainty and what it may mean for the market outlook.
We will compare today’s evidence to similar periods in the past and ask an important question: Does the weight of the evidence support a sustainable rally, or should investors still respect the possibility of another setback?
As always, this is a weight-of-the-evidence exercise focused on markets, trends, risk, and probabilities.
Video Length: 00:26:13




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