Morning Dose #284: One-Color Fireworks: Why the Market Rally is Narrow – Tuesday 6/9/2026

Episode summary

Despite green futures, market breadth is deteriorating with only 47% of stocks above their 40-day moving average. Analyst Algenib breaks down the cautious regime, the impact of geopolitical oil drops, and identifies semiconductors and M&A activity as the only true drivers of this narrow rally.