Joining me now is Katie Stockton, founder and managing partner of Fair Lead Strategies. Katie, that seems like a tall order, but it had to climb a bit of a mountain to get here. Now, >> it did.Believe it or not, the stock is up 30% since the beginning of August, which is pretty remarkable, especially considering that the other mega caps have really faltered since then. Nvidia by comparison is up only 4%. So, it's a really big up move from Apple, big outperformance.It's differentiated itself positively and n ...

Well, the tech retreat coming as the narrative on AI faces some questions. One example is Oracle. That stock was down for a fourth straight day.It closed the week 8% lower. Oaklo is another example of the AI rethink. The nuclear stock has had a big run but fell nearly 20% this week.Despite the recent weaknesses in AI names, our next guest cites the AI trade as a reason to stick with US equities. Joining us now is HSBC chief investment officer Jose Rasco. Jose, happy Friday.So I guess a big question perhaps ...

Group 1 - The article discusses the legitimacy of investing in overvalued stocks as a strategy to identify compelling equity ideas, challenging the traditional growth vs value dichotomy [1][4][8] - It highlights that growth stocks can trade at a premium and that there are inexpensive value stocks, emphasizing the concept of "growth at a reasonable price" (GARP) [5][6] - The article outlines specific criteria for selecting overvalued stocks, including a market value of at least $500 million, a forward P/E above the S&P 500 and sector average, and a PEG ratio above 2.9 [9][10][13] Group 2 - S&P Global (SPGI) is identified as an overvalued stock with a market value of $168.4 billion, a forward P/E of 28.7, and a PEG of 2.8, despite its strong performance in the index business [18][21][23] - Walmart (WMT) is another overvalued stock with a market value of $766.7 billion, a forward P/E of 32.6, and a PEG of 4.1, which has seen a recent sell-off despite strong earnings [28][30][32] - Mirion Technologies (MIR) is noted for its focus on radiation safety, with a market value of $4.8 billion, a forward P/E of 36.1, and a PEG of 3.6, benefiting from potential growth in the nuclear sector [39][40][38] - RadNet (RDNT) is highlighted as a leading provider of outpatient diagnostic imaging services, with a market value of $69.59, a forward P/E of 80.2, and a PEG of 6.7, showing significant revenue growth [43][45][47] - Axon Enterprise (AXON) is recognized for its law enforcement technology products, with a market value of $5.4 billion, a forward P/E of 80.2, and a PEG of 6.7, experiencing substantial stock price appreciation [49][54][56]

Market Seasonality & Trends - The market typically experiences a summer rally from May through July, with the first year of the presidential cycle showing an average increase of approximately 5.5%, this year reaching 13.8% [2] - Seasonality tends to turn negative from August through October, potentially leading to market backing and filling [2][3] - A traditional scary October drawdown is anticipated based on studied data [3] Key Technical Levels - Support levels are identified at 6100 to 6200, while resistance is around 6600 [4] - The cyclical uptrend that began in April is expected to rally into the 6400-6600 area by year-end [4] - A dip could test rising 26 and 40 week moving averages around 5900 [4][5][6] Yield Curve Analysis - The 30-year yield rebound towards 5% could be forming a rising wedge, suggesting a potential downside break towards 4.4% or even 4% [8] - The five-year yield might be forming a distribution top, indicating a potential decrease if it breaks lower [8] - Continued steepening in the yield curve is anticipated, potentially leading to 2 or 3 rate cuts this year [9] Investment Focus - The current long-term secular bull market favors larger companies, leading to outperformance of the largest stocks [10] - Growth stocks are showing strong performance versus value stocks across market caps in the US, with new relative highs for Russell 1000 growth versus Russell 1000 value, S&P growth versus S&P value, and small cap growth versus small cap value [11] - Internationally, value is breaking out versus growth, presenting a different dynamic [12]

Will this trend continue in the second half. Our next guest unveiling two new ETFs that he's launching tomorrow focusing on large cap growth and large cap value. Joining us now is Crossmart Global Investments CEO and CIO Bob Dah.Bob, it's great to have you on and let's start right there. What do we need to know about these ETFs and what differentiates them from what's already in the market. >> Uh yes, Morgan.Uh but we think what differentiates them is they're u active in management. Most of the launches hav ...