This Week in Barrons: 07.05.2026

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https://www.linkedin.com/pulse/week-barrons-07052026-r-f-culbertson-trrrc/ 

 

Factually, (a) The equal-weighted S&P continues to make new highs, while the cap-weighted index remains stuck – thanks to the Lag-7.  (b) The S&P500 Value index also rung-up all-time-highs last week.  (c) Micro caps and financials are putting in promising price action.  And (d) the USA, Korea, and China have one large, AI, bubbly thing in common.  Overall, per Callum Thomas, the bull-market-broadening and bullish rotation theme continues to play through, with the old leaders lagging, and everything else starting pick up. This is a constructive development, but there are a few things to keep an eye on including the XLF vs SPY ratio, the Microcap ETF = IWC, and REITs.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-07052026-r-f-culbertson-trrrc/

 

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This Week in Barrons: 06.28.2026

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https://www.linkedin.com/pulse/week-barrons-06282026-r-f-culbertson-wtize/ 

 

Factually: (a) The Mag-7 have become the Lag-7 with an almost -20% performance gap YTD.  (b) Across various indicators valuations look expensive.  (c) Strong earnings expectations are supporting high valuations.  (d) Tech stocks have become the dominant sector in many portfolios / metrics.  And (e) after a long period of trending higher, I’m expecting a period of range-bound-trading.  Overall, per Callum Thomas:  The bullish rotation theme remains in play as the Mag-7 decline and the S&P493 win.  But there is a definite bearish vibe where the Lag-7 may foreshadow an extended Bear Market – even if we manage a short-term rebound rally.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-06282026-r-f-culbertson-wtize/ 

 

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This Week in Barrons: 06.21.2026

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https://www.linkedin.com/pulse/week-barrons-06212026-r-f-culbertson-igcae/ 

 

Factually: (a) Mag-7 are underperforming vs the “S&P493 = eXMAG-7”.  (b) Valuations are high because profitability is high, but profitability is cyclical.  (c) Investor cash allocations are very low - a warning sign for Mag-7 stocks. (d) Margin debt acceleration is also reaching warning levels.  And (e) Stock market seasonality turns negative from July-Oct.  Overall, per Callum Thomas:  We are witnessing a continued bull-market-broadening and bullish rotation into the eXMag-7 as the eXMag-7 makes new highs along with the equal vs cap weighted S&Ps.  The warning signs are: (a) There is very little retail cash on the sidelines. (b) Levels of margin debt are moving dangerously higher.  And (c) Continued underperformance by the Mag-7 could turn into something sinister.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-06212026-r-f-culbertson-igcae/ 

 

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This Week in Barrons: 06.14.2026

 

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https://www.linkedin.com/pulse/week-barrons-06142026-r-f-culbertson-wwmke 

 

Factually: (a) The steep sell-off looks to have run its course. (b) Leveraged long ETF traders bought the dip. (c) The equal-weighted S&P500 (RSP) has already made new highs. (d) AND small caps (IWM) are gaining ground in absolute and relative terms.  Overall, per Callum Thomas, this sharp-sell-off looks to have largely run its course, and dip-buyers were there for it.  Being optimistic, small caps and the equally weighted S&P Index point to a continued bull market and a broadening ‘n bullish rotation.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-06142026-r-f-culbertson-wwmke 

 

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This Week in Barrons: 06.07.2026

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https://www.linkedin.com/pulse/week-barrons-06072026-r-f-culbertson-qtyve 

 

Factually: (a) It’s convenient that the Nasdaq ($42T in market cap) plunged 4.18% on Friday = $1.75T == delivering the exact liquidity required for SpaceX’s IPO this Friday. (b) With the S&P denial, investor expectations are being reset for this Friday’s IPO.  (c) Mag6 buybacks have evaporated, and the semis are closer to coming ‘Down-to-Earth’.  (d) Investors should be closing their tech shorts early this week, and (e) last week’s rotation into relatively smaller-cap financials, healthcare, consumer staples, and utilities was extremely orderly.  Overall, Friday’s rotation was just the liquidity SpaceX required for Friday’s ‘coming-out party’ and gave the semis the room they needed to at least ‘tread-water’ until the next FED meeting.  One day does not a trend make, and the trend is still our friend ... until it ends.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-06072026-r-f-culbertson-qtyve 

 

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This Week in Barrons: 05.31.2026

 

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https://www.linkedin.com/pulse/week-barrons-05312026-r-f-culbertson-n2kfe 

 

Factually: (a) The S&Ps gained +5.15% in May (up +10.73% YTD).  (b) Investor expectations, allocations, and valuations are near record highs.  (c) Buyback tailwinds have faded, and semis look heavily overbought.  (d) Stock short interest has surged to decade+ highs.  And (e) Small Caps & Software are showing us that there are overlooked opportunities out there.  Overall, per Callum Thomas: there are more signs of market extremes as a generational run in stock market speculation sets in.  While the risks and vulnerabilities are arguably rising, the trend is still your friend ... until it ends.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-05312026-r-f-culbertson-n2kfe 

 

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This Week in Barrons: 05.24.2026

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https://www.linkedin.com/pulse/week-barrons-05242026-r-f-culbertson-3jsie 

 

Factually: (a) The equally weighted S&P500 has broken out to new highs. (b) Space stocks are soaring following the SpaceX IPO filing.  (c) SpaceX (SPCX) could end up with an index weighting of 3%.  (d) The mega-IPO wave is a sign of the times (late-cycle signal).  And (e) the swearing-in of a new FED Chair might be a bearish omen.  Overall, per Callum Thomas, the bull market got a bit more bullish this week with the breakout of the equal-weighted index.  However, the arrival of a new Fed Chair and IPO boom point to a more volatile horizon…   Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-05242026-r-f-culbertson-3jsie 

 

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This Week in Barrons: 05.17.2026

 

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https://www.linkedin.com/pulse/week-barrons-05172026-r-f-culbertson-obive/

 

Factually: (a) Round-number-itis has hit the S&Ps as they stalled at 7500.  (b) Rates and inflation risk are the key catalysts for a selloff.  (c) The Semis look overheated following their near-vertical run.  (d) Retail has chased the rally with heavily leveraged bets.  (e)  Bulls are looking for a for broadening/rotation (e.g.? into software?).  Overall, per Callum Thomas, the market looks to be taking a breather at a technically convenient spot (the equal-weighted S&Ps are stalled at resistance, the cap-weighted rolling over from 7500).  The easy answer points to be a period of market relaxation and letting-off steam.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-05172026-r-f-culbertson-obive/

 

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This Week in Barrons: 05.10.2026

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https://www.linkedin.com/pulse/week-barrons-05102026-r-f-culbertson-1wy3e 

 

Factually: (a) The equal-weighted S&Ps have stalled at resistance, while the market cap-weighted is back to outperforming equal-weighted.  (b) We are potentially in the blow-off top phase of the market cycle.  (c) Investors are all-in on stocks (and all-out of bonds).  And (d) several major shifts in market structure have just begun.  Overall, per Callum Thomas, the market continues to press higher (lead largely by big tech/AI) and investors (in aggregate) are all-in on growth and the stock bull market continuing.  Yet, there are a few major changes in market structure that investors need to be aware of and some very interesting corners of the market that many are overlooking…  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-05102026-r-f-culbertson-1wy3e 

 

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This Week in Barrons: 05.03.2026

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https://www.linkedin.com/pulse/week-barrons-05032026-r-f-culbertson-48q4e 

 

Factually: (a) The S&Ps gained +10.4% in April (+5.3% YTD), and a good (>5%) April bodes well for the rest of the year.  (b) Microcap stocks are making a big move = a good sign for all stocks.  (c) There was a big pivot in preference from cash-flow back to capital expenditures (capex).  (d) And Value Investing may be dead (for the time being), but don’t ignore valuations altogether.  Overall, per Callum Thomas: This was a near textbook healthy correction, and unless some new bad news or shocks show up – the path of least resistance is onwards and upwards.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-05032026-r-f-culbertson-48q4e 

 

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This Week in Barrons: 04.26.2026

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https://www.linkedin.com/pulse/week-barrons-04262026-r-f-culbertson-kalee 

 

Factually: (a) There is a slight bearish divergence in the S&Ps.  (b) Seasonality is moving into a weaker period, and yes – seasonality tends to be better when stocks are up YTD.  (c) The Semis are surging, making multiple records and hitting extremes.  And (d) Cyclicals vs Defensives are confirming the bullish macro picture.  Overall, per Callum Thomas: There’s a couple of short-term technical risk flags to note (especially with geopolitics simmering and central banks in the wings) and plenty of pockets of froth still bubbling away in markets. But there’s also some bright spots – e.g. emerging markets, cyclicals vs defensives, and a buoyant global economy.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-04262026-r-f-culbertson-kalee 

 

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This Week in Barrons: 04.19.2026

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https://www.linkedin.com/pulse/week-barrons-04192026-r-f-culbertson-rggie 

 

Factually: (a) The S&P500 has bounced back & into new all-time highs.  (b) Q1 saw a major cleanout in positioning across participants, and 2 major weak spots (Bitcoin & Software) are looking better.  (c) Global equity technicals look bullish following a “healthy correction”.  And (d) Retail allocations to cash remain around the bottom end of the range.  Overall, per Callum Thomas: Following what now looks to be a “healthy correction”, a major Q1 clean out in positioning, and positive technical developments – the path of least resistance appears higher.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-04192026-r-f-culbertson-rggie

 

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This Week in Barrons: 04.12.2026

 

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https://www.linkedin.com/pulse/week-barrons-04122026-r-f-culbertson-8laqe 

 

Factually: (a) The S&Ps have rebounded into a key overhead resistance zone.  (b) Semiconductors have broken out to new all-time highs and are pushing tech stocks into a reset not seen since April 2025.  (c) The tech sector is driving overall profit margins to record highs.  And (d) Mega-Cap Tech stock valuations are still elevated (raising some questions).  Overall, per Callum Thomas: It’s been a textbook rally from oversold conditions.  The next steps will be key as overhead resistance looms and risk shadows are lingering in the background concerning tech’s continued strength.  Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-04122026-r-f-culbertson-8laqe 

 

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This Week in Barrons: 04.05.2026

 

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https://www.linkedin.com/pulse/week-barrons-04052026-r-f-culbertson-qebfe 

 

Factually...  Factually... (a) Investor Sentiment is down, but Economic Sentiment is up.  (b) Markets appear to want to follow the Trump Weave.  (c) Blogs following the Oil Shock are highlighting the worst-case scenario. And (d) Technology sentiment is deeply oversold.  Overall, per Callum Thomas: Global equities are up from oversold areas.  Add that to April’s positive seasonality, and there is a growing body of evidence supporting a rebound. Please feel free to read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-04052026-r-f-culbertson-qebfe 

 

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This Week in Barrons: 03.29.2026

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https://www.linkedin.com/pulse/week-barrons-03292026-r-f-culbertson-se0te 

 

Factually...  (a) The S&Ps have broken key support; therefore, bears are in control. (b) Correlations and Leveraged ETF trading all point to a bounce.  (c) Longer-term market cycle indicators are highlighting the risk of a bear market.  (d) Markets may need to change their focus from TACO to Fed Put.  (e) Midterm election malaise can produce magical (subsequent) returns.  Overall, per Callum Thomas: as short-term signals brush up against longer-term issues, markets are “getting closer” to a major market bottom.  A key conundrum is (a) whether TACO is still a thing and what’s the quick fix, or (b) whether it’s time to rebalance our attention from ‘truths’ and ‘tweets’ to FED Puts.  Please feel free to    read the rest of the blog post:  #investing #stocks #bonds #options

 

https://www.linkedin.com/pulse/week-barrons-03292026-r-f-culbertson-se0te

 

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