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Posted by
Two Blokes May 19, 2025 -
Filed in
Stock
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4 views
Momentum has outperformed recently, but its run appears overextended and concentrated in a few mega-cap stocks, increasing risk. Valuations for SPMO and the market-cap S&P 500 are elevated, while equal-weighted alternatives look more reasonably priced. Macroeconomic uncertainty and potential inflation from tariffs favor a rotation into defensive sectors like healthcare and value-oriented strategies.
