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AI Energy and Market Peaks: Navigating Historic Highs · The SPY Trader

• 0:00
  Hello everyone and welcome to another episode of Spy Trader !
• 0:04
  It’s 2:30 pm on Tuesday , October 6th , 2026 , here on the Pacific coast , and I am your host , Sunny Sideup .
• 0:13
  We are having a absolutely historic day on Wall Street , and I am so glad you could join me to break down these numbers .
• 0:20
  If you are looking at your portfolio today , you are probably seeing a lot of green because the major indices are hitting heights we have never seen before .
• 0:29
  The S&P 500 , which you might track through the SPY or VOO ETFs , closed at a record 7,818.93 , up over half a percent .
• 0:41
  That is the twentyeighth time this year we have seen a record close !
• 0:45
  The Nasdaq , or the QQQ , also hit a fresh alltime high at 27,599.79 , and even the Dow Jones rose to over 51,521 .
• 0:59
  The big story today is that despite high interest rates , investors are feeling incredibly optimistic thanks to corporate earnings and a massive wave of interest in artificial intelligence .
• 1:11
  Looking at our sectors , Technology is leading the pack .
• 1:14
  The XLK fund gained over one percent today .
• 1:18
  We are seeing the AI trade move beyond just software into the physical hardware that makes it all run .
• 1:25
  NVIDIA , ticker NVDA , was up again , but the real star was Marvell Technology , MRVL , which surged nearly six percent after telling the world their revenue for custom AI data center chips is going to be much higher than expected .
• 1:40
  But wait until you hear about the Utilities sector , the XLU .
• 1:44
  Usually , utilities are considered boring , but they were the standout today , up two and a half percent .
• 1:50
  This is all about the power needed for AI .
• 1:54
  Constellation Energy , or CEG , signed a landmark deal with Google to provide electricity for data centers , and that has everyone realizing that you cannot have AI without a massive amount of power .
• 2:06
  Real Estate and Financials also had a good day , with Wall Street profits on pace to potentially exceed 90 billion dollars this year .
• 2:15
  On the flip side , Health Care struggled .
• 2:17
  Moderna , MRNA , dropped nearly eight percent as analysts worried about the value of their future products .
• 2:25
  In the broader economy , we are still in a higherforlonger rate environment .
• 2:30
  The Federal Reserve has rates between 3.75 and 4 percent right now .
• 2:35
  Most people think they will stay put at the next meeting , but we might see one more hike in December .
• 2:41
  Interestingly , the 10year Treasury yield , which you can see inverse movement in through TLT , took a little breather today after hitting a 52week high yesterday .
• 2:52
  We also saw oil prices drop by two percent , which is helping calm some of those inflation fears .
• 2:59
  A few other company highlights to mention : Lamb Weston , ticker LW , the folks who make your favorite frozen fries , jumped over ten percent today because their earnings were fantastic .
• 3:10
  AT&T also announced a big fiber joint venture with a BlackRock affiliate to help speed up highspeed internet , which we all know is essential for all that AI data traffic .
• 3:22
  However , it is not all sunshine ; Nike is feeling some pressure as high borrowing costs start to affect how much families are spending .
• 3:30
  So , what should we be doing with this information ?
• 3:33
  First , if you want to focus on growth , look at AI infrastructure .
• 3:38
  The Technology Select Sector SPDR Fund , or XLK , is a great way to get exposure to leaders like Microsoft and Apple , or you could look at specific plays like Marvell Technology for that custom chip exposure .
• 3:53
  Second , consider the AI energy pivot .
• 3:56
  The Utilities fund , XLU , or Constellation Energy directly , are no longer just defensive plays ; they are becoming growth engines because of data center demand .
• 4:06
  For those of you looking for steady income , the 10year yield is near 5.3 percent , making bonds a real alternative again .
• 4:15
  You might look at the iShares Core U.S.
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  Aggregate Bond ETF , ticker AGG , to lock in those yields .
• 4:23
  Finally , for a little diversification , don't forget about international markets .
• 4:27
  The iShares MSCI Brazil ETF , EWZ , just hit an 18year high .
• 4:33
  Adding a small position there or in an emerging markets fund like VWO can give you a bit of a safety net while U.S.
• 4:40
  prices are so high .
• 4:41
  That is it for this afternoon's update !
• 4:44
  Keep those portfolios balanced and stay savvy .
• 4:47
  I'm Sunny Sideup , and this has been Spy Trader .
• 4:50
  See you in a few hours !