Manage episode 521187223 series 3645668
Jay Woods joins Diane King Hall at the NYSE set with the S&P 500 (SPX) "bending but not breaking" and pointing to the 50-day moving average as a possible "ceiling" that needs to break before hitting new all-time highs. He believes the Fed could be the catalyst to lift stocks higher, identifying the dissent taking place among Fed governors and the challenge of a data-void determining their decision. Jay discusses the volatility in seasonality with August and September higher and November lower. He's not "overly concerned" about the markets slightly rolling over, but flags the Supreme Court ruling on Pres. Trump's tariffs as a big market moving event. Jay and Diane speak about the A.I. valuation question facing investors with companies such as Nvidia (NVDA), Palantir (PLTR) and Alphabet (GOOGL).
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
8958 episodes