Learnings and conclusions from this week’s charts:
1. Years ending in 6 (e.g. 2026) tend to see weaker price action.
2. Insiders are buying-up (relatively cheap) Consumer Staples stocks.
3. REITs see significant relative value (vs expensive stocks).
4. IPO market activity is picking up, but not excessive.
5. ETF market activity on the other hand looks very bubbly.
Overall, probably the key message or takeaway from this week is that while there are some pockets of excess and risk-flags, there are still plenty of opportunities out there for those willing to look…
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