September 9, 2025

Markets:

U.S. stock futures rose slightly Tuesday after the Nasdaq Composite hit a new record.

Nvidia traded slightly higher in the premarket, while Apple shares dipped marginally ahead of an annual event in which the company is expected to unveil a new iPhone.

Wall Street is coming off a winning session. The Nasdaq rose 0.5%, as key chipmakers such as Broadcom and Nvidia helped carry the tech-heavy index to all-time highs. The S&P 500 climbed 0.2%. The 30-stock Dow gained more than 100 points.

But investors are now awaiting two key inflation reports that could determine what Federal Reserve policymakers will do at their meeting next week. Last week, a surprisingly weak jobs report added to hopes the path for interest rates is lower. However, any surprising strength in the inflation readings could throw a wrench in that outlook. The August producer price index report is due out Wednesday morning, while the consumer price index is set to release on Thursday.

The NFIB Small Business Optimism Index will release Tuesday before the open and provide further color on the economic picture. Any weakness in sentiment could spell more trouble for the jobs market, as small businesses employ much of the U.S. workforce.

Elsewhere, GameStop and Oracle are set to report Tuesday after the close. Apple could also garner attention as it unveils its latest slate of devices, including a new iPhone.

Portfolio:

We enter todays session holding setups in NIO, ONDS, OSCR and RKT. Really interested in todays earning release with ORCL and the updates they will share. Also, it's Apple's event day with now products to be released. Do they finally surprise everyone? AAPL has our full attention for a company that has yet to move on the AI theme. There day will come and we really believe AAPL will be 300 plus when it does.

Technically, SPY is test 650 and we want to see it break and hold this. We would love to see QQQ above 585 for a run towards 600. IWM is in current breakout mode. Remember – they tried to sell you on the notion to sell in August…now to sell in September. The narrative they try to feed you does not align with what is building in this market. The chase for performance has yet to begin….