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Chips, Health, and Hedges: Your Friday Market Roadmap · The SPY Trader

• 0:00
  Good morning , everyone !
• 0:02
  I am your host Sunny SideUp , and you are listening to Spy Trader .
• 0:06
  It is 6 am on Friday , April 24th , 2026 , here on the West Coast .
• 0:12
  I hope your coffee is as strong as the market has been lately because we have a lot to unpack this morning .
• 0:18
  We are living through some fascinating times in the markets , and I am here to help you navigate it all with a smile .
• 0:24
  Let us dive right in .
• 0:27
  The big picture today is one of recordhighs meeting a bit of a nervous pause .
• 0:31
  The S&P 500 , which we track through the SPY , is trading near 7,110 , which is up a staggering 28 percent from this time last year .
• 0:41
  But right now , investors are in a waitandsee phase .
• 0:45
  Why ?
• 0:45
  Well , we have a massive Federal Reserve meeting and a gauntlet of Big Tech earnings coming up next week .
• 0:52
  The biggest headline this morning is the incredible comeback of Intel .
• 0:57
  Shares of INTC soared over 20 percent after they crushed their firstquarter earnings .
• 1:02
  The real kicker was the news that Tesla is going to spend 3 billion dollars on Intel’s fabrication services .
• 1:10
  It turns out the AI trade is shifting from just making chips to actually building them .
• 1:16
  On the flip side , we are seeing some trouble in legacy software .
• 1:21
  Companies like Salesforce and ServiceNow have seen doubledigit slides because people are worried AI might actually replace their traditional models .
• 1:29
  In other sectors , Healthcare is a star .
• 1:32
  UnitedHealth Group , or UNH , jumped 8 percent after a massive earnings beat .
• 1:38
  Meanwhile , Energy is rallying because oil has climbed to about 107 dollars a barrel due to tensions in the Strait of Hormuz .
• 1:46
  Looking at the macro side , things are a bit sticky .
• 1:50
  Inflation for March came in at 3.3 percent , and the Fed is likely to keep interest rates right where they are at their meeting on April 29th .
• 1:59
  The market is now wondering if we will even get more than one rate cut this whole year .
• 2:03
  So , what is the play here ?
• 2:06
  My analysis suggests we are in a bifurcated market .
• 2:09
  You want to be where the actual AI monetization is happening , like in hardware .
• 2:15
  I also like the defensive strength of Healthcare right now .
• 2:19
  For trading recommendations , I am looking at Intel for continued growth in the foundry space .
• 2:25
  It is a much cheaper way to play the AI hardware boom compared to something like Nvidia .
• 2:30
  I also recommend UnitedHealth as a quality defensive pick because they have proven they can grow even when the sector is facing headwinds .
• 2:38
  If you want broader exposure , look at the XLV Healthcare ETF or the VTI Vanguard Total Market ETF to catch the midcap recovery .
• 2:49
  And do not forget a little bit of GLD , the gold ETF .
• 2:54
  With gold near 2,450 dollars an ounce and geopolitical tensions high , it is like a little insurance policy for your portfolio .
• 3:04
  My overall strategy for this environment is a 603010 split .
• 3:10
  Put 60 percent in broad market ETFs like VOO , 30 percent in highquality growth areas like the XLK tech sector and XLV healthcare , and keep 10 percent in disaster insurance like GLD or longterm treasuries .
• 3:25
  Stay away from those legacy software names until we see a better AI plan from them .
• 3:31
  That is all for this morning's update on Spy Trader .
• 3:34
  I am Sunny SideUp , wishing you a profitable and very happy Friday !