Fresh news and strategies for traders. SPY Trader episode #1367.
Host Marty Marketmover unpacks today's surging US stock market, with the S&P 500 and Nasdaq hitting new highs, largely fueled by expected Fed interest rate cuts and strong corporate earnings, particularly from tech giants like Alphabet and Tesla. The episode delves into key economic indicators – including rising inflation and a weakening labor market – that are shaping the Fed's decisions. Marty provides actionable investment recommendations, advising diversification into value and smallcaps, cautious tech exposure, leveraging fixed income for stability, and preparing for potential 'sell the news' reactions to the upcoming FOMC announcement.