BULLISHIn depth · 4/5

Rolling recovery favors small caps and cyclicals

The guest argued the post-pandemic 'rolling recovery' is broadening from mega-cap tech into small caps, cyclicals, and equal-weight S&P 500, offering a multi-year trade.

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The story so far

CONTESTED · 82 MENTIONS · 71 EPISODES · 23 SHOWS

24 JUL 2025 — 13 AUG 2026 · 5D AGO

24 SUPPORT · 9 CHALLENGE · 2 REPEAT · 47 MENTIONED

24 JUL 2025 · FIRST HEARD
THE ACQUIRERS PODCAST
- Small & mid caps lag large cap earnings gains
34 EPISODES BETWEEN · 38 MENTIONS · 11 NOT KEPT
1. 11 EPISODES NOT SHOWN
2. 26 DEC 2025
  THE MEB FABER SHOW · 2 MENTIONS
  - Catch-up trade for small caps and foreign equities
  - 2026 market broadening into small caps and value
3. 26 DEC 2025
  BARRON'S STREETWISE
  - Value tilt as a hedge against growth wobble
4. 31 DEC 2025
  FORWARD GUIDANCE
  - Rotation into metals, away from tech
5. 9 JAN 2026
  FORWARD GUIDANCE
  - Short Mag Seven, long government-pumped sectors
6. 15 JAN 2026 · CHALLENGES
  MACROVOICES
  - Mega-cap tech selling pressure vs. financials disappointment
7. 16 JAN 2026
  FORWARD GUIDANCE
  - Rotation from mega-cap tech into cyclicals
8. 22 JAN 2026
  MACROVOICES
  - Sector rotation supports market, Mag 7 a drag
9. 23 JAN 2026
  FORWARD GUIDANCE
  - Rotation from tech to small caps and cyclicals
10. 27 JAN 2026
  AFFORD ANYTHING
  - Small caps' long-term edge questioned by AI
11. 29 JAN 2026
  THE DERIVATIVE
  - Dow Theory transports breakout as bullish confirmation
12. 30 JAN 2026 · CHALLENGES
  FORWARD GUIDANCE
  - Market breadth shows nothing is cheap
13. 30 JAN 2026
  BARRON'S STREETWISE
  - Rebalance from US to diversify valuations
14. 2 FEB 2026
  ANIMAL SPIRITS
  - Market broadening away from AI hype
15. 4 FEB 2026
  ANIMAL SPIRITS
  - Microsoft underperforms since ChatGPT launch
16. 5 FEB 2026
  THE JULIA LA ROCHE SHOW
  - Rotate from market-cap to equal-weight S&P
17. 6 FEB 2026
  THE COMPOUND AND FRIENDS
  - Current market akin to 2000 Nasdaq crash
18. 6 FEB 2026
  THE BUSINESS BREW
  - Commodity vs tech rotation reflects new regime
19. 6 FEB 2026
  FORWARD GUIDANCE · 2 MENTIONS
  - Value factor rips as growth unwinds
  - Fed rate cuts may not aid Mag 7 · CHALLENGES
20. 9 FEB 2026
  ANIMAL SPIRITS
  - Market broadening is healthy for concentration unwind
21. 10 FEB 2026
  GOLDMAN SACHS EXCHANGES: THE MARKETS
  - Broadening rally favors cyclicals over tech
22. 10 FEB 2026
  THE COMPOUND AND FRIENDS
  - Market breadth argues against a peak
23. 11 FEB 2026
  ANIMAL SPIRITS · 2 MENTIONS
  - Market rotation out of tech into value
  - Market broadening as money rotates from tech
24. 12 FEB 2026
  MACROVOICES
  - Market divergence: semis strong, software weak
25. 17 FEB 2026
  GOLDMAN SACHS EXCHANGES
  - Market broadening into cyclicals on macro strength
26. 18 FEB 2026
  ANIMAL SPIRITS
  - Market volatility at highs signals internal rotation
27. 25 FEB 2026
  ANIMAL SPIRITS
  - Momentum shift into staples, out of discretionary
28. 26 FEB 2026
  MACROVOICES
  - Market torn: semis up, software & financials down
29. 27 FEB 2026
  THE COMPOUND AND FRIENDS · 2 MENTIONS
  - Market breadth improves as Mag 7 weakens
  - Broad market breadth versus narrow tech leadership
30. 4 MAR 2026 · CHALLENGES
  THE COMPOUND AND FRIENDS
  - Rotation out of momentum into beaten-down sectors
31. 4 MAR 2026
  ANIMAL SPIRITS
  - Market concentration isn't permanent
32. 6 MAR 2026
  THE COMPOUND AND FRIENDS
  - Market rotation out of AI mega-caps into cyclicals
33. 9 MAR 2026
  ANIMAL SPIRITS
  - Broadening market beyond the Mag 7
34. 9 MAR 2026
  MONETARY MATTERS WITH JACK FARLEY
  - Rotate out of tech and financials, into defensives
35. 20 MAR 2026
  THE COMPOUND AND FRIENDS
  - Market correction is healthy, not a bear market
25 MAR 2026
THE MEB FABER SHOW
- Rolling recovery favors small caps and cyclicals · THIS IDEA
18 EPISODES BETWEEN · 21 MENTIONS
1. 25 MAR 2026
  MONETARY MATTERS WITH JACK FARLEY
  - Plenty of fish in the sea beyond mega-cap tech
2. 28 MAR 2026
  THE POMP PODCAST · 2 MENTIONS
  - S&P 500 unlikely to see new highs in 2024 · CHALLENGES
  - Bull market in hardware and commodities
3. 31 MAR 2026
  THE JULIA LA ROCHE SHOW
  - Rotation out of crowded Mag 7 trades
4. 31 MAR 2026
  THE COMPOUND AND FRIENDS · 2 MENTIONS
  - Multiple compression with high earnings as bullish setup
  - Cap-weight dominance over equal-weight
5. 3 APR 2026
  EXCESS RETURNS
  - Value cycle favors rotation out of tech
6. 7 APR 2026
  THE COMPOUND AND FRIENDS
  - Market rotation from asset-light growth to asset-heavy value
7. 8 APR 2026
  ANIMAL SPIRITS
  - Mega-cap tech decline offset by value and energy
8. 10 APR 2026
  THE COMPOUND AND FRIENDS
  - Beaten-down stocks poised for bigger rallies
9. 14 APR 2026
  THE COMPOUND AND FRIENDS
  - Market dispersion signals a washout
10. 27 JUL 2026 · 3W AGO
  THE DIVIDEND CAFE
  - Market rotation favors value sectors over semiconductors
11. 28 JUL 2026 · 3W AGO
  THE DIVIDEND CAFE
  - Market rotation into traditional value names
12. 30 JUL 2026 · 3W AGO
  THE DIVIDEND CAFE
  - Rotation out of semis into value sectors
13. 2 AUG 2026 · 2W AGO
  MONETARY MATTERS WITH JACK FARLEY · 2 MENTIONS
  - Broad equity market risk-on, broadening breadth
  - Rotation into value laggards: energy & financials
14. 3 AUG 2026 · 2W AGO
  THE DIVIDEND CAFE
  - Market breadth improved despite July headwinds
15. 4 AUG 2026 · 2W AGO
  BLOOMBERG SURVEILLANCE
  - Market resilience from rotational strength
16. 4 AUG 2026 · 2W AGO
  THE COMPOUND AND FRIENDS
  - Current market is the opposite of dot-com bubble
17. 5 AUG 2026 · 2W AGO
  ANIMAL SPIRITS
  - Bull market resilience despite sector rotations
18. 6 AUG 2026 · 2W AGO
  THE OPTIONS INSIDER RADIO NETWORK
  - Market rally driven by rotation into traditional names
7 AUG 2026 · 2W AGO
THE COMPOUND AND FRIENDS
- Market broadening from tech concentration
7 AUG 2026 · 2W AGO
CNBC FAST MONEY · 2 MENTIONS
- Rotation into cyclicals and materials
- Small cap rally signals broadening
8 AUG 2026 · 1W AGO
THOUGHTFUL MONEY
- Market consolidation washed out excesses
9 AUG 2026 · 1W AGO
THOUGHTFUL MONEY · 3 MENTIONS
10 AUG 2026 · 1W AGO
BLOOMBERG SURVEILLANCE
- Rotation from growth to value underway
13 AUG 2026 · 5D AGO
BLOOMBERG SURVEILLANCE
- Market broadening beyond Magnificent Seven

HOW THE SHOWS HAVE DISCUSSED THIS THESIS OVER TIME · NOT A PERFORMANCE RECORD