, that's been moving in lockstep and it's actually slightly outperformed the cap-weighted S&P. So the rally hasn't been carried by just the big boys. The participation's actually been across the board. "
"You have discretionary outperforming staples, you have high beta outperforming low beta, small caps are participating," he said. "It's very rare that the market hits all-time highs and then suddenly goes bearish. And, in fact, when the market starts with four consecutive positive months, the rest of the year, on average, it's up 10%. So the odds are tilted in the favor of investors who are long right now.
"I'd be using pullbacks opportunistically," Tepper said. "Maybe there's some positions that you wanted to be in a few months ago that you missed out on. Now's your opportunity." "When the S&P makes a new high, it's very rare to see every index, every sector, every group, every stock, do it at the same time," he said in the "Trading Nation" interview.
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