Bias – Buy Dips, But Hedge Crashes: Lean long tech/financials (Lemonade, Lyft undervalued), but be cautions on overextension. Seasonally, September curse could bite if sentiment flips. Risks: Yield inversions, VIX spikes.
Action Items:
Buy: Small-caps on dips, silver ETFs (SLV).
Watch: Valuation extremes, IPO flood.
Week Ahead: PMIs/GDP – low-impact unless crash signals strengthen.
Overall: The bullish structure lingers, supported by Fed liquidity, AI earnings, and trends like Nasdaq's close and small-cap rotation, making it hard to go bearish yet. However, euphoria's double-edged—video's historical parallels (2008 crisis, dot-com, Great Depression) show "this" (high valuations, sentiment peaks, pre-crash rallies) always precedes drops. With S&P above 200-day MA and $958B buybacks, 2025's +1.3% September potential holds, but overbought RSI and retail chatter signal potential tops. Stay bullish until proven otherwise, but hedge with stops.