TechnoMeter

In this interview with Stijn Schmitz on Palisades Gold Radio, I walked through what I’m seeing across the broader market, and the message is mixed. Stocks continue to grind higher, but the strength is not broad-based. Much of the move is being driven by technology, small caps, and micro caps, while other areas of the market are not confirming the same level of strength. To me, that type of narrow leadership can be a warning sign. It often shows that investors are becoming more speculative, especially when money begins chasing smaller, riskier areas of the market late in a cycle.

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