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Show Me the Earnings: Navigating the 2026 Market Shift · The SPY Trader

• 0:00
  Good morning , market enthusiasts !
• 0:02
  I am your host , Sunny Side Sam , and you are listening to Spy Trader .
• 0:08
  It is 6 am on Saturday , March 14th , 2026 , out here on the Pacific coast , and while most of the world is still rubbing the sleep from their eyes , we are diving deep into the numbers to see how your portfolio can wake up on the right side of the bed .
• 0:24
  We have had a very interesting week ending March 13th , and if I had to describe it in two words , it would be restrained volatility .
• 0:33
  The broad market , which many of you track through the SPDR S&P 500 ETF Trust , or the SPY , wrapped up the week down about 1.2 percent .
• 0:43
  Our friends over in the tech sector had it a bit tougher , with the Invesco QQQ Trust sliding 2.1 percent .
• 0:51
  This coolingoff period comes after a really hot start to 2026 .
• 0:56
  The big story was the February CPI report released on March 10th .
• 1:01
  Inflation clocked in at 2.6 percent , which is just a smidge higher than the Federal Reserve’s 2 percent target .
• 1:09
  This has everyone realizing that the last mile of fighting inflation is the toughest .
• 1:14
  In company news , we saw some real movers .
• 1:18
  Apple announced Project Titan II , which is their big pivot into autonomous home robotics using Siri .
• 1:25
  That news actually helped the stock rise 2 percent , even while other tech giants were struggling .
• 1:31
  Eli Lilly also grabbed headlines as their nextgen metabolic drugs got the green light from the FDA for sleep apnea , helping the Healthcare sector stay resilient .
• 1:41
  On the flip side , things were a bit bumpy for the semiconductor stars like NVIDIA and Broadcom .
• 1:48
  Investors are starting to ask for the receipts , moving away from just buying hardware and looking for actual software results .
• 1:56
  Meanwhile , big banks like JPMorgan Chase are smiling because interest rates are staying higher for longer , which actually helped the Financials sector climb 0.7 percent this week .
• 2:08
  Now , let’s get into the nittygritty of why this is happening .
• 2:12
  We have entered what I like to call the ShowMe Phase .
• 2:16
  For the last couple of years , everyone was buying into the promise of AI .
• 2:20
  Now , in March 2026 , the market is saying , alright , show us the earnings .
• 2:26
  Because inflation is being a bit sticky , the Fed isn't in a hurry to cut rates , which pushed the 10year Treasury yield near 4.3 percent .
• 2:36
  This makes things hard for real estate , with the Vanguard Real Estate ETF , or VNQ , dropping 2.4 percent this week because it is hard to compete with those government bond yields .
• 2:48
  So , what is a Spy Trader to do ?
• 2:51
  First , for your core growth , do not panic about the tech dip .
• 2:55
  If you feel too heavy in chip stocks , consider rotating some of those gains into the Technology Select Sector SPDR Fund , known as XLK .
• 3:04
  It gives you a broader base including software giants like Microsoft .
• 3:09
  I also recommend maintaining a core position in the Vanguard Total Stock Market ETF , or VTI , to catch the recovery of midcap stocks once rates eventually settle .
• 3:20
  For those of you looking for stability , it is time to look at bonds again .
• 3:24
  With yields rising , the iShares Core U.S.
• 3:27
  Aggregate Bond ETF , or AGG , is looking very attractive for lockedin income .
• 3:34
  If you are feeling a bit more adventurous and think rates will drop later this year , the iShares 20 plus Year Treasury Bond ETF , or TLT , has some great upside potential , though you should expect some zigzags along the way .
• 3:49
  I also think a little insurance is a good idea .
• 3:52
  Geopolitical tensions in the Middle East have pushed gold to new highs of 2,450 dollars an ounce .
• 4:00
  Allocating about 5 percent of your portfolio to SPDR Gold Shares , or GLD , can act as a great hedge .
• 4:08
  You might also look at the Health Care Select Sector SPDR Fund , XLV , as a safe harbor .
• 4:15
  Companies like UnitedHealth Group are great because they offer stable dividends and do not care as much about the economic cycle .
• 4:23
  Finally , do not forget the rest of the world .
• 4:27
  U.S.
• 4:27
  stocks are getting a bit pricey , so take a look at the Vanguard FTSE Developed Markets ETF , or VEA .
• 4:34
  Markets in Europe and Japan are trading at a big discount compared to the S&P 500 right now .
• 4:40
  To wrap it up : Hold your SPY , buy the dip in XLK software , accumulate some BND for those yields , and maybe avoid real estate like VNQ until the interest rate picture clears up .
• 4:53
  That is all for this morning's update .
• 4:56
  Stay frosty , stay friendly , and I will see you back here in a few hours .
• 5:01
  Happy trading !