May 14, 2025

Markets:

U.S. stock futures held steady early Wednesday as Wall Street looked to build on a strong start to the week.

Tuesday saw broad gains across the board. The S&P 500 climbed 0.7%, while the Nasdaq Composite surged 1.6% — marking its fifth straight positive session. The Dow slipped 0.6%, pressured by a decline in UnitedHealth, but remains up for the week overall.

The S&P 500 has now turned positive on the year, as investor sentiment improves following Monday’s announcement of a 90-day tariff reprieve between the U.S. and China.

Tech stocks led the charge on Tuesday, with the sector up over 2%. Nvidia soared more than 5% after news broke that it would supply over 18,000 AI chips to Saudi Arabia. Apple has notched four consecutive gains, and Amazon is riding a five-day winning streak. Beyond tech, Goldman Sachs and Disney have both logged five and six straight sessions of gains, respectively.

Portfolio:

We are officially in monster territory — and it’s just beginning. This summer could shape up to be one of the most explosive trading periods we’ve seen. We’ve been flagging the setup stemming from the tariff headlines, and now the cycle is unfolding.

QUBT running nicely this morning.  

We’re planning to add today — the queue is lighting up across the board.

Markets have exceeded expectations this week:

QQQ blasted through our 510 forecast, now eyeing 520–522.

SPY has hit our 586.4 target and could push toward 593 next.

So much is developing.  But stay patient.  This is just beginning.