Risk appetite cooled on Tuesday as investors interpreted the latest batch of corporate earnings as solid but not spectacular, offering a convenient excuse to take profits after strong year-to-date rallies.
Despite a strong showing from a few tech giants, Monday’s market breadth deteriorated sharply, with most stocks declining and key breadth metrics reversing course. The data confirms a continuation of weakening participation beneath the surface, raising red flags about the sustainability of the broader market’s gains.
While MOAT, the established monopoly ETF, has underperformed the S&P 500 by prioritizing value over true monopolistic dominance, newcomer MPLY delivered 21.55% returns in just 24 weeks. By embracing premium valuations and holding all Magnificent 7 stocks, MPLY proves that authentic monopoly investing beats value-constrained approaches in today's market.
Eaton Corp. announced plans to acquire Boyd Thermal from Goldman Sachs for $9.5B, expanding its data center operations. Analysts have a bullish outlook on Eaton.
