This run-up in US stocks is just too exaggerated. The Nasdaq and S&P have both closed higher for six straight weeks, setting the longest streak of consecutive gains since October 2024—almost every day hitting new highs.

The sidelined funds that missed out all feel that chasing US stocks now is like handing off the baton for the very last leg.
But money doesn’t disappear; it only moves.
Looking around at assets that haven’t played catch-up yet, there’s only cryptocurrency left. BTC has been grinding for half a year, and the altcoins have been beaten so hard they’re unrecognizable—even to their own mothers. This relative valuation gap will eventually be corrected.
The question isn’t whether altcoin season will come, but when it will arrive.
Rounds are loaded—just wait.