Fresh news and strategies for traders. SPY Trader episode #1202. Alright folks, welcome back to Spy Trader! It's your pal, Penny Stockpicker, here to guide you through the market madness. It's 6 pm on Thursday, May 29th, 2025, and let's dive into what's been shaking Wall Street today. So, the big picture? We're looking at potentially the biggest monthly gains for the S&P 500 and Nasdaq since way back in November 2023. Today, things closed up slightly. The S&P 500 and Nasdaq both gained about 0.4%, and the Dow squeezed out a 0.3% gain. The Dow Jones opened at 42190.02, up by 91.3 points or 0.22%. The S&P 500 started at 5939.96, a rise of 51.4 points or 0.87%, while the Nasdaq Composite jumped to 19389.392, gaining 288.5 points or 1.51% right at the start. Now, let's talk sectors. Tech is still king, mainly thanks to Nvidia's awesome earnings. Energy, on the other hand, got slammed in April with crude prices dropping due to tariff worries and OPEC pumpin' out more supply. On the bright side, utilities and healthcare are looking perky, and consumer staples are holding their own. In terms of headlines, Nvidia's revenue growth is a showstopper, plain and simple. Remember those tariffs we were sweating? Well, a court blocked most of President Trump's tariffs, which gave the market a little boost, but don't get too comfy – there could be appeals. And the Fed? They're playing it cool, holding interest rates steady, and word on the street is they'll keep it that way for the rest of the year. The economic data is a mixed bag, with some reports saying the first quarter shrank a bit, but not as much as we thought. Okay, so what's my take on all this? Cautious optimism is the name of the game. Tech's got some serious juice, but we've got to keep an eye on those trade tensions, the slowing economy, and sneaky inflation creeping back in. My advice? Diversify, diversify, diversify! Spread your bets across different sectors to ride out the bumps. International markets are looking pretty good right now, so maybe peek at some opportunities overseas. Keep a close watch on those trade policies – they can make or break a company's earnings. And stay informed about the big economic numbers – GDP, inflation, jobs – because those are the breadcrumbs the Fed follows. I'm still liking the longterm potential of tech and AI. Nvidia's solid numbers and projections are a great sign. But remember what's happening with companies like 3M India warning about US tariffs affecting earnings, and Samvardhana Motherson International's profit dip. So, while Apple might be affected by those trade tensions, these are great opportunities for companies to innovate and grow! That's all for today, folks! Keep your wits about you, do your homework, and remember – even a penny stock can shine! Penny Stockpicker, signing off!