The Hidden Pullback
Hey, Ross here! The Equal-Weight S&P 500 just gave back nearly all its monthly gains—while the Nasdaq looked fine on the surface, over 80% of S&P 500 stocks closed red. That’s a clear sign the “average stock” had a rough day. Is it time to worry? Not in my view. But this could mark the start of the short-term pullback I’ve been expecting.
July 16, 2025
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