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Wall Street’s Wild Ride: Trade Wars, Tech Wins, and What’s Next · The SPY Trader

• 0:00
  Hey everyone , it's your pal Bubba Buckets here , and welcome to another edition of Spy Trader !
• 0:05
  It's 6 pm on Wednesday , June 4th , 2025 , Pacific Time , and the markets have been keeping us on our toes .
• 0:13
  Let's dive right into what's been shaking Wall Street .
• 0:16
  First up , we've seen a bit of a mixed bag lately .
• 0:19
  The S&P 500 and Nasdaq have been feeling pretty good , racking up some wins , but the Dow ?
• 0:26
  Well , it's been a bit of a rollercoaster .
• 0:29
  Overall , the market's been relatively calm , but don't get too comfy – experts are saying we should expect some more bumps in the road coming up .
• 0:37
  Now , onto the juicy news !
• 0:39
  Trade deals are still the talk of the town .
• 0:41
  Everyone's waiting to see what happens with those negotiations , especially with China .
• 0:47
  Remember President Trump's tariff plans ?
• 0:49
  Well , the market's not quite as worried about them as it was before , but tensions are still simmering , so keep an eye on this space .
• 0:58
  On the employment front , things got a little shaky .
• 1:01
  The ADP report showed hiring slowed down more than expected .
• 1:05
  Apparently only 37,000 jobs were added in May , which is the lowest in over two years !
• 1:11
  This has people worried about what those trade uncertainties are doing to the job market .
• 1:16
  And speaking of Trump , he doubled tariffs on steel and aluminum imports , and he's still nudging the Fed to cut those interest rates .
• 1:24
  In company news , Nvidia is still making waves .
• 1:28
  Their earnings were fantastic , proving that demand is super strong .
• 1:33
  In fact , Nvidia got so pumped up , it even overtook Microsoft for a hot second as the most valuable company !
• 1:39
  Talk about a flex .
• 1:41
  Tesla is expecting sales to climb , especially in the U.K.
• 1:44
  , with their new Model Y hitting the scene .
• 1:47
  Okay , let's talk sectors .
• 1:49
  Tech was the star of May , but now it's looking pretty fairly valued .
• 1:53
  Communication Services , on the other hand , might be the underdog we're all looking for .
• 1:59
  Experts think Meta and Alphabet could be diamonds in the rough .
• 2:02
  Now , let's break it down .
• 2:04
  Even though things might get a little wild , experts say to stick with your investments and keep things diverse .
• 2:10
  Consider going marketweight overall , but maybe give those value stocks a little extra love .
• 2:16
  And keep a close watch on those trade talks and economic numbers .
• 2:20
  As for specific stocks , Communications Services look undervalued and might be a good buy .
• 2:27
  Remember this is just a high level overview , and I'm not a financial advisor .
• 2:32
  That's all for today's Spy Trader !
• 2:34
  Stay safe , stay informed , and I'll catch you on the next one !