Ed Siddell believes investors are looking past short-term market volatility and instead, focusing on the long-term picture, which he thinks could be the start of a new bull run. He attributes this confidence to the potential passage of the reconciliation bill, which would extend current tax cuts, and the expected deregulation that would follow. He also expects the Fed to lower interest rates, potentially twice this year. Siddell remains bullish on tech, financials, and smallcaps, and sees buying opportunities on dips in these sectors.