Despite an expected downturn yesterday—when concerns over new tariffs briefly rattled confidence—the markets have strong fundamentals underneath. The S&P 500 remains on track and could reach 6,700 soon, with even 7,400 by year-end a reasonable target. But I've told you that before but I just wanted to remind you So why do I think that Because we’ve got real momentum driving this rally believe it or not • A growing economy • Falling inflation • Steady interest rates • Low oil prices • Easing credit conditions That mix keeps the market supported even when headlines about trade tensions—and potential tariffs—cause temporary dips. Notice I said temporary Yes, new tariffs might spark volatility in the short term. But let’s be honest: one rough session doesn’t derail a market environment this solid. You were warned that August and September could be rough But when it's rough that when opportunities present themselves Just be patient but positive Core holdings like NVIDIA, Broadcom, Microsoft, and Meta are still powering ahead. At the same time, big banks, industrial giants, and even utilities are contributing—proof that this is a broad-based move, not just a tech surge. VOO IS TURNING OUT BE MY FAV ETF FOR THE S&P 500 Again as I posted the other day this is not the moment to chase. This is your time to make sure your portfolio reflects your long-term goals. Be diversified. Know what you own and why. Don’t stress the headlines. Remember that areas not leading now—like healthcare, staples, energy, and real estate—can climb later - When later is ? only time will tell But time does keep marching on Takeaway? —just stay grounded. and dollar/value cost average Yesterday downs are part of the routine. The market’s tailwind is real—let it support you, not stress you I might repeat this post and more on a podcast on Thursday and on my youtube.com/ Suzeorman channel We will see KT is in British Columbia Salmon fishing Having a great time I miss her like crazy Okay enjoy the ride
Posted by Suze at 2025-08-02 14:45:42 UTC