Futures gain as tech rally continues; Brent ticks up to $105
I maintain a Buy rating on the iShares US Thematic Rotation Active ETF, reaffirming the original thesis from September 2025. Compared to IVV, the IT-heavy THRO portfolio has a GARP tilt (i.e., a combination of a high EY and impressive earnings growth), which is supportive of further outperformance. THRO has outperformed the S&P 500 index since September. Since its inception in 2021, it has delivered a stronger total return than IVV, as it captured around 105% of its upside.
It's been a tumultuous few months for stocks, and option buyers have been chasing the momentum.
Launched on May 15, 2000, the iShares Core S&P 500 ETF (IVV) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
Here are the S&P 500's top gainers in market value this year and this quarter
The S&P 500 has begun a short-term correction after weakening breadth and extended wave structure, but Elliott Wave analysis suggests one final rally leg before a much larger bearish reversal.
A Wall Street analyst is projecting that the benchmark S&P 500 index could climb as high as 9,000 by the end of 2026 under a bullish artificial intelligence-driven scenario.
Market participants were greeted with hotter-than-expected inflation data the same week they greeted a new Federal Reserve Chairman, Kevin Warsh.
Micron is expected to be the second-largest contributor to the index's overall earnings growth — behind Nvidia, whose impact will likely diminish.
The S&P 500 secured multiple record highs this week but faltered on Friday, retreating 1.2% to mark its steepest daily decline since late March. Even with that pullback, the index managed to finish the week in the green, securing its seventh straight weekly gain and its longest winning streak since 2023.
Markets have been anything but quiet this week, with plenty to keep investors busy.
The S&P 500 hit yet another milestone Thursday, soaring to a new high and topping 7,500 for the first time, driven by AI optimism while President Donald Trump meets with Chinese President Xi Jinping.