Market volatility rises with rotation from tech to industrials and healthcare; cautious stance on SpaceX IPO advised.

David Keller discusses current market volatility marked by a rotation from overextended growth stocks, particularly in technology, to emerging strength in sectors like industrials and healthcare. Technical indicators such as the Hindenburg Omen signal caution, while stocks like Caterpillar benefit from AI adoption. The recent SpaceX IPO is seen as a late-stage thematic event, suggesting investors should adopt a data-driven, cautious approach post-listing. Keller also highlights opportunities in small caps, defensive sectors, and the importance of combining technical and fundamental analysis for investment decisions.