Don't get too overexposed to gold here, says Payne Capital's Courtney Garcia

Market Trends & Investment Opportunities - Small cap value stocks are showing potential, with some trading at less than 13 times earnings [2] - Generational opportunity exists to allocate capital to areas outside of tech and gold, as valuations in tech become stretched [5][6] - International markets are outperforming the S&P 500 this year and offer attractive valuations, especially if the dollar weakens [6] - Energy sector is currently out of favor, presenting potential bargains [8] - Emerging markets are a good place to invest, especially with a weakening dollar [11] Economic Factors & Risks - Concerns remain regarding the dollar's strength, deficits, and the impact of tariffs on the economy [8] - The AI buildout will require significant energy infrastructure, benefiting both traditional and renewable energy sources, particularly natural gas [10][12] Portfolio Strategy - Diversification is crucial, broadening investments beyond the concentrated tech sector [6][7] - Taking profits from AI-related investments may be prudent due to stretched valuations [4] - Gold can serve as a portfolio diversifier, but overexposure is not recommended due to its historical performance compared to the S&P 500 [13][14]