Next Day Prep
Next Day Prep #267: Record Highs, Narrow Breadth: The Snowflake Effect – Friday 5/29/2026
0:004:54
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Episode summary
Despite hitting record highs, market breadth is shrinking as a narrow rally driven by AI stocks like Snowflake masks underlying weakness. We analyze the geopolitical pivot, the specific catalysts behind the surge, and the cautious playbook for tomorrow’s trading session.