Category: Equity Leaders Weekly

Oil continues to trade near historically elevated levels, with Point and Figure support beginning at the 3-box reversal level of $93.19 and extending through a broader support zone between $90.48 and $82.80. Well-established resistance remains at $111.27, with additional longer-term supply identified up to $118.05, a range that may prove important in determining whether crude can sustain its current momentum. While transport stocks continue to reflect resilient economic activity, the interaction between elevated energy prices and ongoing demand conditions may remain a key area of focus for advisors monitoring broader market trends.

The AI cycle may be observed as a progression through semiconductor leadership, system-level expansion, and global supply chain confirmation. Early signals may emerge through compute-focused equities, with participation potentially broadening into memory and infrastructure as adoption scales. Alignment across U.S., Korean, and Taiwanese markets may provide additional confirmation that AI-related demand is being transmitted across the full hardware ecosystem.

Global shipping may no longer be defined by isolated disruptions, but by a system where multiple chokepoints are under simultaneous pressure. From Panama to Bab el-Mandeb to Hormuz, stress appears to be shifting from temporary shocks toward a more persistent, interconnected strain on global trade. This report explores how that pressure may be reflected in shipping equities, and how A.P. Moller–Maersk may serve as a portfolio hedge within this evolving backdrop.

Low poles often form right when the market feels most convincingly bearish, then begin to quietly unravel that narrative. What looks like a confirmed breakdown can fail to follow through, with price reclaiming lost ground as positioning unwinds and pressure shifts. If that dynamic is now emerging across the Nasdaq and major technology names, it may be worth a closer look.

Markets are shifting quickly as geopolitical headlines continue to drive sharp swings in sentiment, volatility, and inflation expectations. Beneath the noise, a clearer story is emerging through sector rotation and relative strength. This week’s Equity Leaders highlights where capital is moving, and what that may signal for positioning ahead.

The U.S. dollar could be gaining strength as global importers scramble for dollars and U.S. energy revenues potentially flow back into domestic markets. Escalating tensions near the Strait of Hormuz could be tightening energy supply, potentially adding a geopolitical premium that feeds back into both oil prices and dollar demand. Support and resistance levels have been drawn on the USD/CAD and crude oil point and figure charts, offering a framework to watch how these dynamics may play out technically.

After years of extreme concentration in U.S. mega-cap technology, relative strength is beginning to broaden across global markets. As participation expands into areas such as commodity-levered Peru and semiconductor-driven South Korea, performance dispersion is increasing and new sources of alpha are emerging outside the traditional U.S. growth complex. This report examines how targeted exposures to global growth and AI infrastructure may help advisors manage concentration risk while positioning for a more globally distributed leadership cycle.