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The Nasdaq finally grabbed the baton, closing above its prior high and racing ahead, and Tim Knight says the bulls are fully in control until they are not. But under the surface he keeps flagging the same warning: fewer and fewer stocks are doing more and more of the heavy lifting, with a tiny group, Micron and the other chip names, accounting for a huge share of the year's strength. Market breadth, he notes, is at war-lows even as the indexes print records. ๐Ÿ“Š tastylive: tastylive.com ๐Ÿ“ฐ Get Tom's pre-market analysis every morning: tastylive.com/newsletters ๐Ÿ“˜ FREE Options Strategy Guide: tinyurl.com/bp9ms763 ๐Ÿ“ฑ Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 The Nasdaq grabs the baton 00:53 The S&P finally confirms 01:40 Fewer stocks doing the lifting 02:18 Low volatility and a coming inflection 03:10 Applauding a weak Seagate 03:21 The island reversal short 05:10 Western Digital, the cleaner short 06:16 SpaceX getting long in the...
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