Since late March, the stock market rally has been selective, with SPY and QQQ reaching new highs while the Dow lags behind. The author expects a possible mild pullback in SPY in the coming weeks, potentially triggered by geopolitical events like the Trump-Xi summit. They remain bullish on the broader market over the next 6 to 9 months but are cautious about buying stocks not related to AI. Inflation is expected to ease, with April core CPI likely lower than January 2026 levels, as inflation pressures outside energy remain limited.
NASDAQ is waiving its usual six-month waiting period to include SpaceX in its index immediately after its IPO. This forces NASDAQ-tracking ETFs, like the $385 billion Invesco QQQ Trust, to buy roughly $7 billion of SpaceX stock in one day, selling ot...
Sam Parr holds 80% of his portfolio in the S&P 500 despite Howard Marks' warning that the index's high valuation could lead to low returns over the next decade. Parr argues that while Marks' forecast may be mathematically correct, the opportunity cos...
The recent earnings reports from the Mag 7 companies highlight sustained strong demand for AI technologies and reveal that these firms are increasingly interconnected, forming a unified AI ecosystem. Since the Mag 7 represent about one-third of the S...
Kevin Warsh's appointment as Federal Reserve chairman marks a shift toward tighter monetary policy and reduced government intervention. His background suggests a focus on shrinking the Fed's balance sheet and limiting quantitative easing, which could...
The iShares MSCI USA Equal Weighted ETF (EUSA) has been upgraded from Hold to Buy due to its unique equal-weighted structure that offers better sector diversification and lower concentration risk compared to traditional market-cap weighted S&P 500 ET...
