Wait And See 👁️

The market is priced for perfection at a moment when the macro backdrop is quietly tightening. The RSI (a momentum gauge) at 73.13 signals overbought conditions — the kind of reading that historically precedes a pullback within weeks. The 10-year Treasury yield has climbed 8 basis points over the last 10 sessions, quietly eroding the valuation case for equities sitting at the 90th percentile of their own historical P/E (price-to-earnings) range. With VIX (the market's fear gauge) at 14.89, protective puts are historically cheap — use this window to hedge concentrated growth positions and let Healthcare and nuclear energy set up as the next rotation targets.