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šThe Longest Rally In 20 Years
Issue #48 TIA Market Recap
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This Weekās Market Forecast⦠š
The market is set up for another big week. We are currently on an eight-day winning streak for the S&P 500, marking the longest streak in 20 years. The market has rallied so strongly during this run that weāre now higher than we were on so-called āLiberation Day.ā
The rally in stocks is being driven by multiple factors. The main driver has been the solid earnings reports weāve seen so far. Weāre now more than halfway through earnings season, and the results and guidance have been much better than expected, despite earlier fears around tariffs.
Another major factor lifting stocks is the Trump administrationās softening tone on tariffs. President Trump has repeatedly discussed potential deals and has taken a less aggressive stance toward China. Many expect an actual deal to be announced soon, a day that will likely be very positive for the market.
This week will be another big one for earnings, with Palantir, Uber, Disney, and Shopify all reporting. Each of these four companies will give us a different look into the consumer, and it will be very interesting to see whether they provide guidance.
Economic data this week is lighter than last weekās, but weāll still get a few market-moving reports. On Monday, weāll get the ISM and PMI Services reports, and on Thursday weāll see the initial jobless claims data. Another piece of macro data Iāll be watching is the 10-year Treasury auction at 1 p.m. EST on Tuesday.
The market is well-positioned, and I believe this rally will hold. Many bears have argued that this is just a bear market rally, but I think the initial drop we saw earlier this year was overdone. As long as the Trump administration maintains its softer stance on trade, I think the market can continue to rally.
In other news, this weekend the GOAT, Warren Buffett, announced he will be stepping down as CEO of Berkshire Hathaway after 60 years. I had the incredible fortune of witnessing this announcement in person, and it was nothing short of amazing. Warren is truly a legend, and his wisdom and ideas will influence finance for generations to come.
Thank you, Warren, for all of your great insights over the years!
Have a wonderful week!!
Top ETFs on our Radar⦠š

iShares Expanded Tech-Software Sector ETF
The iShares Expanded Tech-Software Sector ETF has performed exceptionally well this year. Software companies have shown strong performance as investors seek to identify the next big winner in AI.
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Thanks for reading and have a great week!
-Ryan
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