Simeon Hyman explains why strong earnings continue to support markets despite geopolitical risk and rising energy prices. He highlights the need to manage tech concentration using tools like the S&P 500 ex‑Technology ETF (SPXT), while outlining tactical ways to gain commodity exposure as energy and metals prices climb. Hyman also breaks down how crude oil, copper, platinum, and palladium strategies can help investors hedge recession risk or lean into AI‑driven industrial demand.