Yeah this rally is principally led by the AI/Big Tech companies and you are hard pressed to get them outside the US, Taiwan, South Korea & China. Europe simply doesn't have a toehold on it with the exception of maybe ASML (Netherlands)& SAP (Germany). The Stoxx 50 rally is mainly led by Defense & Financials.
Same thing everytime.... This has been the same routine every time the markets are at or near highs.....yawnnnnnn
Fomo Is skyrocketing... Been here seen it .... Nasdaq up over 30% from April lows. They are squeezing as much as they can out of that lemon. Funny how no one wanted msft under 400 but they are climbing over each other to buy it near 500. Quite an amazing pony show!!!!
Since 2010, this is the era of "most hated rallies." This market's going a lot higher with cheap money (rate cuts) and the emergence of robots/AI/flying taxis/VR-AR etc... on the horizon.