Weekly S&P500 ChartStorm - 22 February 2026

This week: tech check, the great concentration, AI overflows, newspaper stocks case study, average tenure, baselines, return dispersion, global portfolio, UFOs, commodities...

Welcome to the latest Weekly S&P500 #ChartStorm!

Learnings and conclusions from this week’s charts:

• Bullish rotation remains in play.

• Tech stocks still look troubled.

• AI spillovers are helping (already bullish) commodities.

• Newspaper stocks present a case-study in disruption.

• Commodity stocks (as a group) look good.

Overall, the US tech vs non-tech and US vs g…