The S&P 500 Index is the most concentrated than it has ever been. This concentration is worse than 1999 which led to a multi-year period where active management outperformed the S&P 500 Index. We believe history will be repeated.

Market Updates
Energy Sector Update: XLE Breakout and Momentum
Sell in May and Go Away explained. Watch our video and learn how investors should think about market seasonality in 2025.

