The 1-Minute Market Report, April 12, 2026

Erik Conley13.62K FollowersFollow5ShareSavePlay(7min)CommentsSummaryMarkets rebounded sharply over the past two weeks, led by aggressive dip-buying despite negative macro headlines and geopolitical risks.The Mag 7 and small caps outperformed, with Broadcom surging 18.1% and non-U.S. equities, especially South Korea, leading global returns.Energy stocks retreated as capital rotated into blockchain, industrials, and momentum names; both growth and value factors participated in the rally.I maintain a defensive stance with 15% cash, citing elevated valuations, narrow leadership, and the risk of a sharp reversal when bullish flows subside. SlavkoSereda/iStock via Getty Images They’re back. The intrepid dip-buyers, that is. Last week and the week before that, the market staged an impressive comeback from what looked like a formal correction, or even worse. But it wasn’t meant to be, as the Bulls pushed the sellersThis article was written byErik Conley13.62K FollowersFollowI spent 30 years in the institutional trenches as a trader, analyst, and portfolio manager, eventually running the equity trading desk at Northern Trust in Chicago. Those decades shaped my approach: stay disciplined, trust the data, and keep emotion out of the way. Since 2009, when I began publishing my stock selections, my portfolio has delivered solid long term results—compounding in the mid teens annually through 2025. Today I’m a private investor and investing coach, with a rules based framework that helps people build better portfolios. My work focuses on systematic thinking, behavioral awareness, and evidence over opinion. For my market outlook and model portfolio updates, visit zeninvestor.org. .Analyst’s Disclosure: I/we have a beneficial long position in the shares of NVDA, AVGO, GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.