Market Resilience Amid Political Turmoil

This chapter explores the stock market dynamics of 2017, characterized by low volatility despite significant political events, with the S&P 500 showing consistent upward growth. It highlights the importance of sector rotation in maintaining a healthy bull market, emphasizing how market sentiment is influenced by specific sectors like materials and financials. The conversation also draws parallels between current AI stock valuations and the tech bubble of the 90s, while discussing technical analysis methods for setting realistic target prices.