(https://www.marketwatch.com/story/a-spot-is-opening-up-in-the-s-p-500-and-these-stocks-are-top-candidates-to-fill-the-void-5e72dd5d?mod=mw_rss_topstories) opens one S&P 500 slot, which always triggers the reflexive 'small-cap breakout' narrative. But here's what nobody's saying: the timing of which sector gets promoted matters *way* more than the mechanical liquidity event.

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