Communications Have More To Say


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Some moments in time pack more activity into a single week than in years past—and I believe we are living in one of those moments.Markets act as a discounting mechanism; in other words, they continuously bring future expectations into today’s pricing.Today’s headline risks are as elevated as they have been in recent memory. That’s why it’s more important than ever to filter out the noise and focus on what really matters: the price action.The sectors reveal the full story. Take a look…

When Winners Lead, The Rest Follow

Last week was certainly memorable, and it looks like this week is off to a similar start. Two consecutive gaps lower during Sunday futures trading isn’t something you see every day.We’re often advised not to judge a book by its cover. While that may not be the best advice ever, it does apply to the markets. Think of it this way: the indices are the cover, the sectors are the chapters, and the individual stocks are the words.With headlines swirling about tariffs, AI, geopolitics, and more, let’s quickly flip through this book and see what the chapters have to say.

  • Communications remain the short-term leader, which is hardly a bearish signal.
  • Financials are the top performer over the past 30 days.
  • Healthcare has started to reappear, though with some caution. However, its effect is offset by consumer discretionary—the best-performing sector over the past year.
  • Overall, I’m happy to report that money flows in the market remain bullish. While we may experience some short-term turbulence, the overall market posture continues to be positive.More By This Author:Markets Are Holding Up… But Mega-Caps Are Cracking
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