Simon cautions on reacting to headlines and anecdotes without the proper context. He then examines the notable shift in market leadership and suggests it has historical, fundamental and technical underpinnings. He also encourages investors to think about their cash position, how much makes sense to maintain and offers some thoughts on bond positioning in a diversified portfolio. He considers the divergence of opinion around two of the "Magnificent 7" names and whether the prospects for each could emerge differently than consensus expects. 

WIG names: GOOGL 

Non-WIG names: NVDA 

The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. 

This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. 

Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. 

Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.