Morning Dose #289: Reality Check: Housing Miss, AI Strength, and the End of the Peace Rally – Tuesday 6/16/2026

Episode summary

The market shifts from geopolitical euphoria to a cautious regime as housing data misses expectations and breadth tightens. While the broad rally stalls, AI infrastructure and semiconductor stocks show significant relative strength. The episode outlines a selective trading playbook focused on sector leaders while avoiding broad index chasing.