September 10, 2025

Markets:

S&P 500 futures jumped on Wednesday after a reading on wholesale prices unexpectedly declined, a welcome development for investors clamoring for a Federal Reserve rate cut next week to boost the economy. Oracle shares led the gains with a more than 30% premarket surge following an eye-popping forecast tied to artificial intelligence.

Market sentiment was boosted following the latest producer price index reading, which showed that wholesale prices fell 0.1% in August. Economists polled by Dow Jones had estimated a 0.3% gain. Core PPI, which excludes food and energy prices, also declined 0.1%, while the Dow Jones forecast called for 0.3%.

The report serves as a positive sign regarding the state of inflation in the U.S. economy heading into Thursday’s more closely watched consumer price index reading.

Shares of Oracle surged 31% after the tech old guard reported that multicloud database revenue from Amazon, Google and Microsoft grew at a whopping rate of 1,529% in its last quarter, fueled by demand for AI servers. Investors were encouraged by the upbeat cloud forecast even as the latest earnings fell short.

Portfolio:

So, what we've been saying about still in early stages regarding this tech revolution and AI – ORCL printed exactly this!  It's still so early!  Few still understand the cycle we have ahead.

Technically, SPY well over 650.  Break it above 658 and its heaven highway for year end.  QQQ get us above 585 and take us to 600.

Q4 is really setting up, please be ready for this.

We enter the session holding setups in RKT, NIO, and ONDS.

Queue is on fire this morning be ready today.