The Broadening Market Rally, AI ETFs vs. Stocks, and the Disney Dilemma 7/12/23

With the S&P and Nasdaq hitting 52-week highs, our small cap portfolio manager says a new investing trend is emerging, even as mega cap tech keeps rallying. 

Not all AI ETFs are created equal, warns Bank of America’s Jared Woodard. 

And between slowing parks traffic and box office disappointments, there could be trouble brewing in the Magic Kingdom.