The analyst states that too many investors are tied to their own negative biases. The forecast is that the S&P 500 will reach 6800 to 7000 by year's end. A cut in the Fed rate will mark a dovish pivot. Business leaders will likely become confident after rate cuts and positive seasonality will favor higher stock prices. The analyst views that the AI sector is only in the first third of the market cycle similar to the period when the wireless market had 37 million subscribers and then had 7 billion subscribers. AI is in a growth cycle and he is estimating a positive penetration growth.