Wall Street’s Winning Streak

Fresh news and strategies for traders. SPY Trader episode #1317.
The US stock market concluded July with the S&P 500 and Nasdaq Composite consistently hitting new record highs, driven by strong corporate earnings, particularly in the tech sector with AI stocks like Nvidia leading the charge. Anticipation of Federal Reserve interest rate cuts later in 2025 further fueled investor confidence, despite some mixed earnings from companies like Intel. The podcast recommends a balanced approach with a lean towards growth sectors, suggesting ETFs like SPY, QQQ, and XLK, alongside strategic allocations to financials and bonds for diversification, and individual stock picks like Nvidia and Alphabet.