Fresh news and strategies for traders. SPY Trader episode #1230. Hey there, Spy Traders! It's your pal, Penny Pincher, comin' at ya live from my closet studio. It's 6 am on Wednesday, June 11th, 2025, here in sunny California, and let's dive into what's shakin' in the financial world. So grab your coffee, settle in, and let's talk money! Yesterday was a good day for the market. All three major indexes finished in the green. The Dow was up about 0.3%, the Nasdaq climbed 0.6%, and the S&P 500 also rose 0.6%. Looks like the good times might keep on rollin', with the S&P 500 less than 2% away from its alltime high. But hold your horses! The US500 index took a tiny dip today, down 0.19%, but don't sweat it too much it's still up over 3% in the last month and a whopping 11% compared to last year. Now, onto the juicy stuff. A big part of this upbeat mood is thanks to those USChina trade talks. Seems like Commerce Secretary Howard Lutnick is saying things are movin' in the right direction. Fingers crossed that keeps up! And of course, AI is still the name of the game. Meta and Alphabet stocks got a little boost from AI buzz, which is no surprise. Tesla's also bouncing back after Elon's little spat with President Trump, so that's one to watch. Poor Apple though, they have been struggling down almost 20% since the start of the year. Ouch! On the other hand, there's a bit of a worry cloud hangin' over our heads. The World Bank trimmed its global growth forecast for 2025, pointin' fingers at tariffs and general uncertainty. Plus, everyone's waitin' on that CPI report to see if these tariffs are gonna make things more expensive. But hey, at least the job market is still lookin' solid, even if hiring has slowed down a bit. JPMorgan Chase CEO Jamie Dimon is expressing some serious concerns about the US economy. He thinks things could get dicey thanks to trade and global drama. Wells Fargo is a bit more optimistic and has a yearend target for the S&P 500 between 5,900 and 6,100. I am ready to hand out some advice! Keep your eyes glued to those USChina trade talks. Also, keep an eye on the inflation numbers. And for goodness sake, make sure your investments aren't all in one basket! Focus on sectors that are doin' well, like tech (especially anything AIrelated), energy, consumer stuff, and healthcare. But be careful about stocks that seem overpriced, especially with all the economic question marks. And of course, stay on top of companyspecific news, because that can make or break a stock. Now, this is super important, folks: I'm just a humble podcast host, not a financial wizard! This ain't financial advice, so chat with a real advisor before makin' any big moves. Gotta cover my assets, you know? That's all for today, Spy Traders! Keep those eyes on the market and those wallets happy. Penny Pincher, out!