🔎 Global Stocks Break Out Before America

Looking at our US Index Power Rankings, it's clear that large-cap growth continues to lead the way. Both the Nasdaq 100 ($QQQ) and Large Cap Growth ($IWF) are firmly in the green.

In contrast, small caps and value names are still lagging.

What stands out, though, is that even the strongest US indices remain below their 2025 highs—while global equities and many international indexes have already broken out to new highs and entered price discovery.

It’s a timely reminder that while selectivity matters, our opportunity set as investors extends well beyond the US. There’s a growing list of attractive setups globally—and it might be time to cast a wider net.