$SNDK

The AI-led bull market still looks young, but it has shifted into a short-term momentum rally. That is fine. Momentum can run much longer than most expect. But momentum-driven rallies are also fragile and can flip quickly once leadership starts to crack. We are beginning to see momentum fade in key leaders such as $SNDK, $MU, and $INTC. At the same time, the $VIX has been rising alongside the $SPY, while $JNK has shown weakness — both warning shots beneath the surface. Markets are not black and white. The best way to handle this environment is to think of your portfolio in layers. Early buys in true leading stocks can often be held through normal consolidations. Late purchases made purely on momentum need much tighter stops to avoid excessive drawdowns. Look at your stocks relative to