← @realjgbanks

$MU

BEARISH2026-05-12
Price around the call
2026-05-12
By horizon✗ miss+22.2%
1d
-4.2%
5d
-8.8%
21d
+22.2%
Original post
Justin Banks · 2026-05-12

🚨The stock market is starting to look like 2008 again. Right now, a small handful of stocks are holding up the entire market while most stocks quietly lag behind. In 1999, the top 15 stocks drove nearly 70% of the S&P 500’s gains. We still haven’t reached dot-com extremes yet… but this is exactly how late-stage rallies start behaving. And when the dot-com bubble finally cracked? The Nasdaq collapsed nearly 78%. That’s when the rotation began. Money flowed out of crowded winners and into the laggards that never had their real move yet. Rotation from Semi’s like $SNDK and $MU That’s why I think the next phase of this market could favor: Software-> $CRM $NOW $MDB $INTU Financials-> $HOOD $SOFI $JPM Healthcare-> $UNH $MRK $BSX Consumer-> $NKE $HD $TGT International-> $BABA $BIDU $

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