Latest / The SPY Trader / Markets in Motion: June 9th Update
Transcript
- 0:00Hey everyone , it's your pal Finny the Financial Fox , here with your midmorning Spy Trader update !
- 0:06It's 6 am on Monday , June 9th , 2025 , and let's dive right into what's moving the markets today .
- 0:13The big story is that the S&P 500 finally closed above 6,000 on Friday , for the first time since way back in February .
- 0:22We've had two straight weeks of gains , and May was the best month since late 2023 .
- 0:27That's the good news .
- 0:29Also , US500 rose to 6005 points today , gaining a bit from the previous session .
- 0:36That jobs report everyone was sweating turned out to be a pleasant surprise , which has calmed down those recession jitters a bit .
- 0:45Plus , there's some positive chatter happening around USChina trade , giving investors a little extra pep in their step .
- 0:54Now , let's break down the sectors .
- 0:56Tech and Communications Services were the MVPs in May , up over 9% , while Real Estate and Energy kind of lagged behind .
- 1:05Healthcare was the only sector in the red last month , so keep an eye on that .
- 1:10It looks like consumer discretionary , health care , communications services , energy , and financials rose on June 7 .
- 1:19From a macro perspective , while things are looking brighter , the OECD is still projecting slower global growth for the next couple of years , partially because of those pesky trade barriers .
- 1:30Inflation is expected to cool down a bit , but there are worries it could heat up again in the US thanks to those tariffs .
- 1:38Everyone's expecting the Fed to hold steady on interest rates this month , but keep your ears open for potential rate cuts later in the year .
- 1:47Companywise , all eyes are on Apple this week as their Worldwide Developers Conference kicks off today .
- 1:53Everyone wants to know what AI goodies they're cooking up .
- 1:57Tesla is still doing its Tesla thing , with Elon getting into a Twitter spat with President Trump .
- 2:03And Broadcom , even though they had a decent quarter , their forecast wasn't as sunny as investors hoped , and their shares took a bit of a tumble .
- 2:12So , what's Finny recommending ?
- 2:14First , if you're not diversified , now's the time .
- 2:18I'm talking spreading the love across different sectors and even considering international stocks .
- 2:23International stocks have shown potential .
- 2:26Morningstar is suggesting to overweight value stocks which may offer better protection against downturns .
- 2:33Keep a close watch on those USChina trade talks because any headlines there could send the market on a rollercoaster ride .
- 2:41And stay informed on the economic data inflation , employment , all that jazz .
- 2:47Now is not the time to be complacent !
- 2:50Overall , the market is trading close to its fair value , which means there's not a lot of wiggle room if things go south .
- 2:57Expect some bumps in the road ahead , and remember to keep your eye on the longterm prize .
- 3:03That's all for now , folks !
- 3:05Stay diversified , stay informed , and as always , don't forget to enjoy the ride .
- 3:10Finny out !