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Transcript

Market Rally: Ceasefire Hopes and Inflation Watch · The SPY Trader

• 0:00
  Good morning everyone and welcome back to Spy Trader .
• 0:03
  It is 6 am on Friday , April 10th , 2026 , here on the Pacific coast .
• 0:10
  I am your host , Penny Profit , and I am so glad you could join me for our early morning market huddle .
• 0:16
  We have a lot of ground to cover as we head into a very big Friday for the financial world .
• 0:21
  It has been a whirlwind week for investors , and honestly , a bit of a relief for many of us .
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  Right now , the major indexes are on track for their best weekly performance since all the way back in November .
• 0:34
  We are seeing a fragile but optimistic rally following the news of a U.S.
• 0:38
  and Iran ceasefire .
• 0:40
  The S&P 500 , which we follow through the SPY ETF , is currently trading around 6,836 points .
• 0:49
  That is up about 3.7 percent for the week and puts us just a stone's throw away from the alltime high we saw back in January .
• 0:58
  The techheavy Nasdaq , or the QQQ , is actually leading the way with a 4.3 percent gain this week as investors dive back into growth stocks .
• 1:08
  Even the Dow , the DIA , is up about 3.6 percent for the week .
• 1:13
  Looking at the sectors , Communication Services is our big winner .
• 1:17
  Meta Platforms , ticker META , rose 2.6 percent yesterday after they announced an eightyear deal with CoreWeave .
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  On the other hand , the Energy sector , represented by XLE , has been the laggard this week , dropping over 3.5 percent as that war premium on oil started to settle down after the ceasefire news .
• 1:38
  Despite the dip , Brent crude is still sitting high near 100 dollars a barrel .
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  In the broader economy , we are all holding our breath for the March CPI report coming out today .
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  Experts are looking for a 0.9 percent monthly jump in inflation .
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  This is why the Federal Reserve has been so cautious , keeping interest rates steady at 3.50 to 3.75 percent and signaling they might only give us one rate cut for the entire year .
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  We also saw some mixed signals from earnings .
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  Constellation Brands , ticker STZ , saw its stock surge 8.5 percent yesterday after a great earnings beat , though they did pull back on their future guidance because things are still a bit blurry out there .
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  Meanwhile , Delta Air Lines , ticker DAL , came in a bit short because fuel costs are really biting into their profits , which is a good reminder to be careful with the transport sector right now .
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  So , how are we playing this ?
• 2:37
  First , I think it is wise to keep some protection in your pocket .
• 2:40
  Given the ceasefire is still fragile and inflation is sticky , I like holding some gold through the GLD ETF .
• 2:47
  With gold near 4,745 dollars an ounce , it serves as a great hedge .
• 2:54
  I also think it is a good time to buy the dip in energy .
• 2:58
  If that ceasefire hits any snags , oil prices could spike again .
• 3:02
  Companies like Chevron , ticker CVX , are trading at a nice discount compared to where they were in March .
• 3:09
  For those of you looking for growth , the AI trend is still very much alive .
• 3:14
  I am keeping my eye on the QQQ and specifically companies like Applied Digital , ticker APLD .
• 3:22
  They just reported a massive 139 percent increase in revenue this week , which shows just how much demand there is for AI data centers .
• 3:31
  Finally , for my income seekers , with the 10year Treasury yield at 4.29 percent , bond ETFs like TLT are looking very attractive .
• 3:42
  If today's inflation data comes in even a little bit cooler than expected , we could see those yields drop and bond prices rise .
• 3:51
  It is going to be a fascinating day with BlackRock reporting their earnings as well .
• 3:56
  Keep your eyes on the charts , stay disciplined , and let's see how this week closes out .
• 4:01
  I'll be back in a few hours with another update .
• 4:05
  Happy trading everyone .