 Given the big gains for the first half of the year back to Wall Street and with the presidential election coming up, will investors become more bearish on stocks? Those are legitimate concerns. And you can add the fact that we're coming up on a few months, August, September and October, which have had some very rough performances at times. But underlying that is a recent shift in investor focus away from the so-called magnificent seven stocks like Amazon, Apple, Alphabet and Nvidia and back towards small caps.