Only 1 in 3 stocks is actually beating the market right now — and history says that's a red flag.

The S&P 500 is up 18% in just 39 trading sessions, and Q1 earnings are tracking at a massive 28%

year-over-year growth rate. But LPL Chief Equity Strategist Jeff Buchbinder is flagging a warning

sign buried inside the rally: stock outperformance levels are approaching historic lows. The last

few times this happened, large-cap value and small-cap stocks outperformed over the next 1, 3, and

6 months — meaning the stocks leading today may not be leading tomorrow.

If your portfolio is concentrated in big tech, this one's for you.