The S&P 500 has now posted gains for nine consecutive days, the longest streak in over two decades—breaking through its declining 50-day moving average and approaching key resistance at the 200-day. This impressive momentum, especially following Friday’s GDP report, signals that the worst may be behind us and that the market is gearing up for a renewed push higher.
During the recent uncertainty around global tariffs, investors sought refuge in gold. But that narrative is shifting. Capital appears to be rotating out of defensive assets like gold and back into high-growth equities. I’ve exited my gold position and currently have around 65% of my portfolio allocated to stocks with strong earnings and sales acceleration. My screens are lighting up green.
Many of the names on my watchlist are breaking out of well-formed bases with powerful technical setups and outstanding fundamentals. This is the most bullish setup I’ve seen since before the January 27th Deep Seek black swan event that temporarily disrupted the AI sector. Deep Seek has since proven to be a pivotal development, allowing AI firms to scale faster and more efficiently. Analysts have recalibrated their valuation models accordingly, and investor confidence in AI is returning.
The AI boom is back, and the sector’s leading companies are again showing strength. We don’t need a crystal ball to predict the future—we need to observe the present. Price and volume action are often the earliest indicators of future earnings strength. And right now, the outlook is promising.
Wishing you and your loved ones lots of grace and peace!
Watch List: AER, APH, BAP, CALM, CASH, CTAS, CVLT, FCFS, FICO, GEV, GWRE, HDB, IBN, LOAR, NFG, NWG, OSIS, PEN, SFM, TW, VIRT, VRNA, WAY.
With man, this is impossible, but with God, all things are possible. Matthew 19:26