Virtus Investment Partners' momentum/rotation strategist and a CNBC Halftime "Investment Committee" regular (semis, financials & energy leadership) — running synthesis of his video/podcast appearances, with per-transcript breakdowns and a stock index.
In one line (as of 2026-JUN-29): Don't try to pick the second-half rotation winner — equal-weight S&P (+10% YTD) and cap-weight are both working, so platoon both; own the 52-week-high leaders across sectors (energy/healthcare/industrials/semi-equipment); ride the momentum factor as the trend's tell (now spread into reasonable-valuation insurance, not just growth); and treat memory as secular, not cyclical — "strategic customer agreements" extend the cycle — owning the derivatives off the parabola (KLAC/LRCX/AMAT/ONTO). Rates: no 2026 hikes, "the high is in for yields."
Don't pick the rotation winner — platoon. Being in both equal-weight and cap-weight is the rewarded position; quarter-end moves are mostly rebalancing noise, not regime change. The Mag 7 "aren't really the lag 7."
The 52-week-high leadership screen. Own confirmed strength, spread across sectors rather than concentrated "in one direction": energy (VLO), healthcare (LLY, MRK), industrials (CSX, HON), semi-equipment (AMAT, KLAC, LRCX, PANW).
Momentum is the tell. "The momentum factor will tell the story in the second half" — the first crack in the bull trend shows up there first. Momentum has distributed into reasonable-valuation financials/insurance (ALL, TRV, CB), a healthy-breadth sign.
Memory is secular, not cyclical. On MU, "double-click on time" — the cycle is bullish and extended; "strategic customer agreements" are the validation. Own the derivatives off the parabolic move — the toolmakers (KLAC/LRCX/AMAT) and the ~$17B alpha-capture name ONTO.
Sell discipline + structural bets + macro. Exit on the valuation breakdown — sold COST at $1,015, flags WMT rolling over — and rotate into the better name (MNST in staples). Structural: DAL/UAL are now an entrenched duopoly capturing share. Final trade GLW (momentum + AI). Rates: no 2026 hikes, oil back to $70, Warsh hawkish in tone but no justification to hike.
Transcripts
One dated page per appearance — each has its full stock table, talking points, and the saved transcript. Newest first.