Nvidia's opportunity in the data-center segment “is enormous” and still in the early stages, Bernstein analysts said.
“The 5,995 pre-Inauguration close and 6,000-millennium mark are in play amid a potentially bearish Relative Strength Index (RSI) divergence, as the SPX moved above its May highs last week but its RSI reading failed to register a higher reading than May.
The market's fear gauge, which had tumbled more than 60% over the nine weeks ended June 6, was 21% higher early on Friday.
High-yield S&P 500 'dividend dogs' can be risky, but 11 of 17 top-yielding, cash-flow-positive stocks are currently fair-priced and attractive for income investors. Analyst projections suggest the top 10 S&P 500 dividend dogs could deliver net gains of 27% to 53% by June 2026, with lower-than-average volatility. A contrarian, yield-based approach favors buying underpriced, high-yield stocks with potentially safe dividends, especially after significant market pullbacks.
SPY nears record highs as AI momentum, resilient earnings and trade optimism fuel a 20% S&P 500 rebound.
The broad index is now less than 2% below its all-time high.
Megacap stocks in the S&P 500 have seen mixed performance so far this year, but their shares are outperforming the index's smallest companies, according to Bespoke Investment Group.
Investors shouldn't be lulled into a sense of complacency, as the record high for the S&P 500 could be the next resistance level to watch.
AI-driven productivity and profitability are fueling a 1999-style melt-up, with S&P 500 top holdings set for 18% revenue growth in 2025. Despite tariff noise, the U.S. economic backdrop is stable, with strong personal income, resilient consumer spending, and falling recession risk. Q1 results confirm broad-based earnings strength: 78% of S&P 500 companies beat estimates, margins are expanding, and forward EPS estimates remain constructive.
Large, sophisticated investors appear to be embracing the rally in U.S. stocks, after being “risk-wary until very recently,” according to DataTrek Research.
“Bulls might find frustration in the lack of upside movement the past several sessions, especially after the bullish ‘outside day' on May 19 that has historically produced bullish price action two weeks after a signal
Investors are left with a market where they should keep looking for “babies that get thrown out with the bathwater,” when market pullbacks occur.