Strategas chief market strategist Chris Verrone is telling investors to “raise your odds of some type of a melt-up” through the back half of 2026.
Verrone made the call on the Real Eisman Playbook podcast, citing parallels to the 1999 tech rally and the velocity of the bounce off the late-March lows.
Host Steve Eisman pushed back.
“The war could end tomorrow. The financial event is not ending tomorrow,” the “Big Short” investor said, pointing to software credit exposure at Apollo Global Management (NYSE:APO), Blackstone (NYSE:BX), and KKR (NYSE:KKR).
Semis Now 17% Of The S&P 500
Strategas chartist Todd Sohn said semiconductor stocks now make up roughly 17% of the S&P 500 (NYSE:SPY), up from 2% a decade ago and close to half of the broader info tech weighting.
“Is it aggressive perhaps? Is it warranted though? Yes,” Sohn said. “We’re in a semiconductor world now.”
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