Simon considers the current stock market surge off the April lows in historical context and suggests it augurs for higher prices over the intermediate term. Short-term choppiness is likely given seasonal patterns and the plethora of newsworthy headlines. He suggests the health of corporate profit margins in the face of tariffs will be the most important date point to monitor as companies report second quarter earnings. He highlights recent reports from WFC, JPM and JNJ as well as news flow around NVDA.
WIG names: WFC, JPM, JNJ, NVDA
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