This video provides the outlook for various U.S. & non-U.S. indexes as well as numerous sectors & industries. Highlighted are some of the more bullish & bearish sectors at this time as well as well as a concerning development in which I’ve noted a recent & clear shift, most likely by institutions (i.e.- the ‘smart money’) into defensive sectors at the time the broad market is trading near all-time highs. My take on those recent developments are discussed in the second half of the video.