July 14, 2025
Markets:
U.S. equity futures slid early Monday after President Donald Trump threatened high tariffs on more countries over the weekend, but were off the worst levels as investors bet those duties will eventually be negotiated down. Investors were also optimistic about second-quarter earnings season, which ramps up this week.
Investors continue to monitor ongoing updates on the tariff front, after Trump announced Saturday that the U.S. will impose 30% tariffs on the European Union and Mexico starting Aug. 1. Leaders of the EU and Mexico indicated they intend to keep talking with the Trump administration this month in an attempt to agree on a lower rate.
Trump’s announcement comes ahead of inflation readings this week, which will give investors a better sense of how the Trump tariffs already in effect are being felt throughout the economy.
Eyes are on a slew of earnings reports set to roll out this week. Major banks, including JPMorgan Chase, will deliver quarterly reports starting Tuesday.
Portfolio:
Cannot wait for the week ahead and for earnings to begin. Monster opportunity is here. We enter the new week holding setups in SPCE, MSTU, RKLX, and AUR. We will be adding this week as the queue is igniting with force. Bitcoin is now breaking out as well. Think we see 126 – 128 area and has a strong potential for 140k+ short term.
Most indexes are consolidating waiting for the EMAs to catch up. This is very constructive and will only support the next move.
SPY 626 next line.
QQQ 555 plus we want to see and hold.
IWM still lags and has the real possibility to explode higher. This is the sector that has our interest the most should it continue to build. Could be ridiculous returns made here.
Any dips right now are a gift. There is a monster line in the sand with SPY at 600-605. Cannot stress that enough.
Just wait until the chase for performance begins…that euphoria has not even begun yet. The next several months to a year has real potential for the greatest runway we have seen in decades. Be ready.