Record Highs. Terrible Breadth. I’m still 98% Invested in 11 Stocks
Stock Market Weekly (Episode #852): The Nasdaq 100 reached new highs, but weak breadth, pressured bonds, and lagging small caps left the market split in two. Evan explains why semiconductor and mega-cap strength can lift the indexes while the average stock struggles—and why that divergence may narrow.
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In this week’s episode
He compares the S&P 500 with its equal-weight counterpart, checks whether Friday’s Russell rebound changes the picture, and reviews the mixed Market Navigator signal. The episode closes with Quant Rockets positions in HPE, AMD, and LITE, plus a separate $GLW Signals setup.
Video episode timestamps
- 0:00 Introduction – Key Events From This Week's Trading
- 0:46 Two Markets Beneath the Indexes
- 2:09 Bond Pressure and Consumer Weakness
- 3:35 Semiconductor Leadership Versus the Rest
- 6:02 The Widening Market Breadth Gap
- 7:34 Credit Spreads Signal More Stress
- 8:50 Jobs Data and $MU Earnings
- 10:04 Weekly Market and Sector Scoreboard
- 12:51 S&P 500 Chart and Key Levels
- 14:20 Nasdaq Highs, Russell Weakness
- 15:13 $SMH and $MAGS Chart Outlook
- 17:03 Quant Rockets Portfolio Positioning
- 18:28 Why Market Navigator Remains Mixed
- 19:49 $HPE, $AMD and $LITE Trades
- 22:19 $GLW Trade Setup
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