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Mr. Markets Roar: Rational Rally or Irrational Exuberance?

Atlas Analytics' Weekly Subscriber Update

Jake Schneider's avatar
Jake Schneider
Jun 29, 2025
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The markets are beginning to become bubblicious. 

Just last week, the markets exploded with news of a triumph against Iran, the potential for peace in the Middle East, and the hopes that the worst is behind us regarding Trump Tariff tensions.

In particular, for the four macro-exposed ETFs Atlas Analytics tracks, the returns since last Friday alone have been astounding:

  • QQQ (NASDAQ Compact): +4.0%

  • SPY (S&P 500): +3.4%

  • DIA (Dow Jones Industrial Average): +3.8%

  • XLK (State Street’s Technology ETF): +3.4%

So what should you do now? Is “buy the dip” over?

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