Michael Reinking is a senior market strategist at the New York Stock Exchange. He joins Phil Rosen on Full Signal to discuss the metals meltup, the rally in small-cap stocks, the rise of retail investors, changes in market structure, and more.

This episode is sponsored by Public: https://public.com/openingbell

Subscribe to Opening Bell Daily: https://www.openingbelldailynews.com/subscribe

Follow Phil on X: https://x.com/philrosenn

Follow Phil on LinkedIn: https://www.linkedin.com/in/philrosen/

Timestamps:

0:00 - Intro

0:20 - Gold & silver

7:45 - Small-caps, market rotation

14:20 - Public & Generated Assets

15:30 - Bear case for ‘26

19:40 - Rise of retail investors

23:20 - Market structure shifts

27:50 - S&P 500 breadth

30:33 - Key indicators

Disclosure: Brokerage services provided by Open to the Public Investing Inc, member FINRA & SIPC. Investing involves risk. Generated Assets is an interactive analysis tool by Public Advisors. Output is for informational purposes only and is not an investment recommendation or advice. See disclosures at public.com/disclosures/ga. See terms of Match Program at https://public.com/disclosures/matchprogram Matched funds must remain in your account for at least 5 years. Match rate and other terms are subject to change at any time.

#podcast #investing #markets #macro #stocks #bitcoin #fed