In this episode, Robert challenges the popular belief that high-profile IPOs signal the end of a bull market, arguing that history shows they are often a sign of strong liquidity rather than an imminent market top.

He breaks down the conditions that have historically ended major bull markets, explains why he believes today's environment differs from past bubbles, and shares his current outlook on valuations, Federal Reserve policy, and investor sentiment.

The episode also covers his approach to navigating the recent market pullback, why technical trends matter more than "cheap" valuations, and how he is managing profits and positioning while waiting for the next high-conviction opportunities.