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Tom Hutchinson

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This will be an important week for a market that’s been floundering.

The S&P 500 is still in an uptrend that began in April. The index is up 14.5% year to date and within 3% of the high. But stocks are down 2% so far in November as investors fret about technology.

A growing chorus of concern regarding artificial intelligence valuations is dragging on the market. Several analysts believe AI stocks have gotten ahead of themselves. Technology has pulled this market higher all year and for most of the bull market. A pullback in those stocks will likely drag the index lower.
Stocks started off this week much higher as the end of the government shutdown seems likely. The newfound strength comes off a sluggish month for stocks and could signal a new surge higher.

The shutdown has lasted over 40 days, and investors began to worry that it was negatively affecting consumer confidence and could lower GDP going forward. Ending the shutdown does take some risk off the table. At the same time, some bullish forecasts have come out for 2026, citing rising overall earnings and continuing AI dominance.
The S&P 500 started the week on another up note. But the index return is deceiving.

The S&P is being pulled higher by a handful of technology stocks. But 400 of the 500 stocks and nine of the 11 sectors were lower on Monday at midday. The earnings season so far has reaffirmed a positive outlook for artificial intelligence investments. That helps drive the index higher as technology stocks represent more than a third.
If consistent cash in your pocket isn’t reason enough to own monthly dividend REITs, here are some other attractive features of this type of investment.
With most of the market overpriced, now’s the perfect time to invest in an undervalued energy stock that can provide superior returns in any environment.
Stocks started this week on a strong note. After sluggish performance over the past month, the S&P 500 is gaining steam.

Investors are focusing on the promising earnings season and a tamping down of tensions with China. The Trump administration has moderated its stance on China and will meet with them in the weeks ahead. Meanwhile, earnings season is heating up with Tesla (TSLA), Intel (INTC), Netflix (NFLX), and Coca-Cola (KO) reporting this week.
Health care stocks are ideally suited for a market like this — perched near the highs while uncertainty rises — and these are my two favorites right now.
The market took a big hit for the first time in quite a while last week. But it is recovering nicely so far this week.

After spending most of the summer and September making a series of new highs, stocks suddenly reverted to last April’s form on Friday. The S&P 500 fell 2.71% and the Nasdaq fell 3.56% in one day. It was tariff news that caused the carnage.
What shutdown? What tariffs? The market couldn’t care less. It just keeps moving higher.

After making a series of new highs throughout the summer, the S&P had a great September. October looks good so far, too. Stocks are being driven higher by technology and the artificial intelligence trade. The technology sector is up 9% over the past month.
The bull market continues to roll on. Stocks are hovering within bad-breath distance of the new high made just last week.

Why shouldn’t the market keep climbing? We are in a Fed rate-cutting cycle. There’s no sign of recession. And the artificial intelligence catalyst is driving projected earnings in the market’s largest sector into the stratosphere. It looks like stocks want to move higher and will continue to do so unless something pops up that makes them go down.
Utilities have long gotten a bad rap as being stale and slow, but the emergence of artificial intelligence has upended that narrative, and the best utility stocks are now moving like growth stocks.
Stocks made another new high this week as investors expect a resumption of Fed rate cuts on Wednesday.

The Fed Chairman indicated that the fed funds rate will be cut at the September meeting during his Jackson Hole comments last month. Wall Street traders are pricing in a 90%-plus probability of a 0.25% cut on Wednesday. And consensus expectations are for two more such cuts before the end of this year.
The market is enduring the post-summer market well, so far. The expected Fed rate cut is pushing stocks higher.

There are few things Wall Street loves more than rate cuts. And there is one almost surely on the way. Traders are assigning better than 90% probability to a cut. But speculation is growing as an increasing number of analysts expect a 0.50% cut, instead of the usual 0.25%.
The day of reckoning has arrived. The summer is over. It’s after Labor Day. What will sobered-up investors see when they really start paying attention again?

The post-summer investor can be cranky. That’s why September is historically the worst-performing month in the market. Combine that fact with a market that is within a whisker of the high with plenty of uncertainty swirling around, and you have a recipe for potential turbulence.
Utility stocks are no longer the stodgy laggards of your grandfather’s portfolio. Now, they’re critical pieces of the AI puzzle, and these two companies look poised to outperform.
The market is still right near the high. But the dog days of summer are setting in.

Stocks are resilient. News regarding tariffs and the economy got better and then got worse. The market is taking it in stride and meandering near the high. Now we are at that time of year when investors focus on squeezing in the last bit of summer fun.
Stocks are recovering so far this week after a big selloff on Friday.

The sweet summer market that had consistently set new highs got a cold slap in the face last week. But trading so far this week indicates it might not be a game-changer.

The market was looking good a week ago. The huge trade deal with Europe alleviated much uncertainty about tariffs. Second-quarter GDP came in at a much stronger-than-expected 3%. Tariff uncertainty was fading away, and the economy was stronger than expected. But then news of a much worse-than-expected job number for July, along with significant downward revisions for the prior two months, combined with increasing tariff threats to China, India, and Canada and shattered the positive narrative.
It’s another new high! The market continues to forge slowly higher.

There was positive tariff news over the weekend. President Trump and European Commission President Ursula von der Leyen agreed to the framework of a trade deal that includes a 15% tariff on European imports and an agreement by the EU to buy $750 billion worth of U.S. energy over three years. Although the deal so far is considered highly advantageous to the U.S., it’s only a broad outline with many details to be worked out.
Short-term uncertainty against the backdrop of a longer-term bull market is ideal for stocks that can thrive in any market environment, like this high-yield natural gas stock.
Tariff uncertainty is back. But this time it’s just keeping stocks from going higher, not dragging the market lower.

The administration is currently threatening to enforce 30% tariffs on Mexico and the European Union (EU) starting on August 1. However, investors perceive a strong chance that President Trump will either back off the threat or make deals. Meanwhile, the S&P 500 continues to hover right near the high.
Uncertainty is growing in a market perched near the high.

Tariffs are front and center again. The July 9 deadline, which began the market rally from the low when the administration issued a 90-day extension, is rapidly approaching. The deadline raises many of the issues the market hated back in April. Stocks started the week on a down note in anticipation.
The S&P 500 reached a new all-time high last week. And the market is moving higher to start this week.

The market is being propelled higher by technology as the artificial intelligence trade turned hot again. Technology had been dragging the market lower all year until recently after leading it higher for most of the bull market. The sector sold off after the DeepSeek news in late January and then took a further hit with the tariff panic in April.
AI hasn’t gone away, but investors forgot about it just the same. Now, it’s once again front of mind for investors, and these two stocks are benefitting.
The market has been bouncy in recent days but is still close to the high. Prices are high, but uncertainty is growing.

Stocks sold off on Friday as Israel and Iran exchanged bombings. But the market rose on Monday as investors are expecting a quick end to the conflict. Anything can happen. The conflict adds another degree of uncertainty beyond the tariffs and the economy.
Stock market sentiment changes faster than the weather, but investing in dividend stocks is almost always a path to strong returns, and these two are poised to outperform for years to come.
After bouncing around for a few weeks, the S&P is moving higher again. The index is now just about 2% below the high and may rally this month.

The tariff story continues to play out. The market made a huge recovery after the initial fears in April as investors wrote off a disaster scenario. Now, talks are dragging on, and the market still can’t move completely past the issue. But good economic news was a pleasant surprise.
The market has leveled off since the huge recovery from the tariff Armageddon fears. And now, who knows.

The sticky issue to start the week is increasing trade tensions with China. A war of words is escalating between the two governments and threats are being made by both sides. It is being reported that President Trump will speak with Chinese President Xi today or later this week. Hopefully the two leaders will bring down the temperature.
Last week was another up week for the S&P 500. The index has made up all the losses since April and is now in positive territory for the year.

After a multi-month barrage of relentlessly negative headlines, the S&P is within 3% of the all-time high. Seven of the eleven market sectors are higher YTD, and two of the negative sectors are down less than 1% for the year so far.
The market is booming. The worst appears to be over, and sustained upside from here is entirely possible.

The S&P 500 closed on Friday up about 17% over the last month. The index also moved to within 8% of the all-time high. And that was before the huge rally on Monday.

The Trump administration announced huge progress with China in trade talks over the weekend. The two sides reportedly agreed to a 90-day pause on tariffs, with duties set to drop 115% on both sides by Wednesday. President Trump and the Chinese president are likely to talk in the coming days. This follows the announcement of a comprehensive deal with the U.K. last week.
Things are certainly looking up in the market. The S&P 500 had an epic nine-day run of positive gains, the longest such streak in more than twenty years. The index rose over 10% during the streak. What’s going on?

The rally began after President Trump indicated a de-escalation of the trade war with China. There are ongoing negotiations with the other trading partners during the 90-day pause initiated on April 9th. A perception is building that the worst of the tariff uncertainty is behind. Stocks also got a boost from earnings and economic news.