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Ryan Detrick, chief market strategist at Carson Group, observes a continued expansion in market breadth, highlighting that small-cap stocks are breaking out relative to the so-called Mag 7.
According to Detrick, this development was not widely expected at the start of the year.
Detrick has previously discussed trends shaping the current bull market. In a recent appearance, he said on CNBC that the bull market is not over. He also weighed in on market trends and streaks from Wrigley rooftops, engaging with peers on market dynamics.