If corporate earnings or macro data disappoint, some high-valuation stocks could face more pronounced profit-taking.
Tesla closed above its moving averages; if it gets the same change in Wall Street view that Meta and Microsoft had, it will probably retest 500 in a split second.
The Russell 2000 has strong support near its year line, and the host disclosed adding a small position there; however, because rates are still rising and pressuring small caps, this is treated as a rebound, not a reversal.
The four-year AI rally has produced many winners; capital must bet on AI to have a greater probability of winning. As long as the market resumes rising, fear toward AI will be replaced by greed.