New highs keep printing, but t

Adz5150

05-15

New highs keep printing, but this market feels more selective than people want to admit.

It’s not the kind of tape where everything wins anymore.

It feels more like quality, earnings strength, and leadership are doing the heavy lifting.

That makes it dangerous to blindly short strength.

But it also makes it dangerous to chase every name just because the index looks strong.

I’m still respecting the trend.

I’m just a lot more selective than I was earlier in the move.

Do you think this market still has broad upside, or is it turning into a leaders only game?

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