But most are missing what's happening underneath the surface.
Rotation isn't just a headline story anymore. It's showing up in the charts.
While the IPO grabbed all the attention, boring Industrials have quietly spent months building one of the best-looking continuation patterns anywhere in the market.
And today's standout is transitioning from a long-term laggard into a clear cycle leader, and many of these stocks look ready to break out.
General Motors Co $GM is currently exhibiting a weekly squeeze score of 94.7.
Here’s what the chart looks like:
GM is stair-stepping higher after completing a massive multi-year reversal base. The longer-term trend remains firmly bullish.
The stock has been coiling all year, building a tight continuation pattern within the primary uptrend.
Meanwhile, the Weekly Strazza Indicator has compressed to its lowest level since mid 2025, signaling that volatility has been fully reset following the prior advance.
A breakout above the upper bounds of this coil would confirm the continuation pattern and could ignite the next leg higher.