Next Day Prep #256: Breadth Collapse Amid Record Highs – Friday 5/8/2026

Despite record S&P highs, market breadth narrowed sharply — with only a few AI/cloud leaders driving gains. Analysts break down why momentum with confirmed catalysts outperformed mean-reversion plays, and outline a Cautious regime strategy for tomorrow.

The post Next Day Prep #256: Breadth Collapse Amid Record Highs – Friday 5/8/2026 first appeared on WaveRider Markets.