From Seekingalpha · Lawrence Fuller · · 1m
Year-End Rally Begins
Non-tech stocks surge as tech valuations face AI spending worries.
In brief
Non-tech stocks surge as tech valuations face AI spending worries. The year-end rally is underway with non-tech equities outperforming tech stocks amid AI investment concerns. Originally reported by Seekingalpha.
Year-End Rally Unfolding
The year-end rally is unfolding broadly with non-tech equities outperforming as tech valuations face scrutiny and ai-related spending concerns intensify.
S&P 500 Gains
The equally weighted s&p 500 has gained 4.1% since october signaling underlying market strength outside technology.
Contrarian Indicators
Elevated fear and extreme hedge fund short positioning suggest a potential short squeeze and rebound in tech stocks.
Economic Outlook
Economic growth is expected to slow but remain near trend supporting continued rotation into value and yield as disinflation pressures persist.
Investor Background
Lawrence fuller has managed portfolios for individual investors for 30 years starting at merrill Lynch in 1993.
Investing Group
Fuller leads the portfolio architect group focusing on economic and market outlook with all-weather investment strategy.
The big picture
The year-end rally is underway with non-tech equities outperforming tech stocks amid AI investment concerns.
