Callum Thomas: S&P 500 equal weight index reaches new highs as small caps gain

Callum Thomas: S&P 500 equal weight index reaches new highs as small caps gain
S&P 500 equal weight index posts new highs

Callum Thomas highlights key market developments from the week. He observes that the recent sell-off appears to have ended, with leveraged long ETF traders buying the dip. Thomas also notes that the equal-weighted S&P 500 has already posted new highs, and small cap stocks are gaining in both absolute and relative terms.

Thomas has previously reviewed the S&P 500 for signs of speculation, risk flags, and the impact of AI earnings on trends, as noted in a recent article. He has also drawn attention to the KOSPI index, stating that many investors tend to overlook Korea when considering global markets in a separate report. These topics continue to inform his observations on recent U.S. equity moves.

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