Market Performance - Market experienced a 5% pullback but has resettled [3] - Market is within 30 points of 6,900 [3] - VIX has a 15 handle [4] Sector Rotation - Benign rotational action occurred, with semis and Alphabet cooling off, while Meta stepped in [4] - Retail stocks are moving, indicating a reflation trade [5] - Banks are leading, and consumer lending companies are making new highs in share prices [5] Investment Themes - Market is positioning for a cyclical reacceleration [5] Business Activities - Brad Jacobs, author of "How to Make a Few More Billion Dollar," celebrated his book launch [1] - Brad Jacobs has done more than 500 acquisitions [2] - Mckenley Acquisition Corp did the honors [3]