Stocks Rise as Trump Says He'll Make Call on Iran

• The market is in the fourth year of a cyclical bull market, now earnings-driven, expecting positive but more volatile performance.
• Recommends using pullbacks as buying opportunities, focusing on broadening allocations to small/mid-cap value stocks.
• Suggests prioritizing consistent growth, lower standard deviation earnings growth, and Growth at a Reasonable Price (GARP) strategies.
• Notes that the collective market cap of small/mid-cap companies is less than Apple's, indicating significant opportunity for stock pickers.
• Believes the long-term play on SpaceX is akin to Tesla, and that the more conservative AI conversation is a positive development.

Brian Belski of Humilis Investment Strategies discusses the ongoing secular bull market, which has transitioned to an earnings-driven phase. He anticipates positive but more volatile returns, recommending investors broaden allocations to small/mid-cap value stocks and focus on consistent growth at a reasonable price. He also touches on the AI boom and wealth creation's role in market sustenance.