Meta Strategy Trading Portfolio – Probability Map Update.

Tech Stocks at All-time High

October started with a bang as the Nasdaq broke out and closed Friday at a fresh all-time high.

Typically, in the most recent rallies of this bull market, AI-related tech has led the way and the troops soon followed.

With strong incentives for the U.S. administration to juice stocks and the economy as much as possible into the midterm elections, I don’t see many reasons why this pattern should not repeat.

Bad market breadth, as the most cited counter-point, is not nearly as clear cut as it may seem.

Right now my focus is on the opposite side of the coin: The stock market just went through a healthy, four-month consolidation period.

On balance, I would much rather own stocks than not during the best seasonal stretch of the four-year, presidential cycle: Midterm Q4 through the second quarter of 2027.