☀️ Happy Sunday!
In this newsletter we're diving into:
📉 What's behind the S&P 500's correction
💸 The squeeze hitting American wallets
🥇 Why gold hit $3,000 (and what's next)
Plus, 7 things you can do to protect and grow your money even during a market correction.
Make yourself comfy 🛋️ and let's get into it...
Stock market news made simple, useful, and surprisingly entertaining.
Market Crowd
How the market crowd did this week.
Dow41,488.19 |
S&P5,638.94 |
Nasdaq17,754.09 |
*As of market close on Friday, March 14th.
Pre-market Play
A beat to start your week.
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Do you know which stocks have a trend of going up over the next week? You will with this tool!
The market's throwing a correction party...
And everybody's on the guest list.
Wall Street's looking like a clearance sale with 73% of S&P 500 stocks down 10% or more from their recent highs.
We're talking 366 companies catching the correction wave - and 203 of them went full bear market mode, dropping over 20%.
The index itself?
Sitting 9% below its February high.
Toupee Fiasco's tariff talk and rising bond yields got this correction party started, with the 10-year Treasury yield hitting 4.9%.
Five sectors got hit with the correction stick - consumer discretionary, tech, communication services, materials, and energy.
Some big names took the biggest L's:
- Moderna (MRNA): Down 79%
- Super Micro Computer (SMCI): Down 69%
- First Solar (FSLR), Intel (INTC), Tesla (TSLA): All down 50%+
🥡 The Takeaway: With most stocks already in correction territory, watch for oversold bounces - but keep your loss limit tight.
ℹ️ What's that?
The 10-year Treasury yield is the interest rate the government pays to borrow money. Think of it like the market's mood ring - when it rises, it often signals investors are selling stocks and moving money to bonds, which can trigger market corrections.
S&P 500 over the past year
Wallets are tight – and that’s bad for stocks
The vibe check on Main Street ain't looking too hot.
From Walmart (WMT) to Delta Air Lines (DAL), big names are singing the blues about consumer spending.
WMT's finance chief dropped a rare warning about slower profit growth ahead.
Meanwhile, all four major airlines - DAL, United (UAL), American (AAL), and Southwest (LUV) - cut their forecasts as folks pump the brakes on travel plans.
Dollar General (DG) spilled the real tea - their customers straight up said they're struggling to buy essentials.
Add Toupee Fiasco's new tariffs on China, Canada, and Mexico into the mix, and prices 'bout to go up even more.
When even WMT and DG start sweating about the economy, you know something's up.
🥡 The Takeaway: Watch consumer spending patterns - when both budget shoppers and luxury travelers pull back, it signals big market shifts ahead.
All that glitters is gold as it breaks $3,000
Here’s why it’s soaring.
Gold hit different this week, breaking $3,000 per ounce for the first time as Trump's trade war got everybody shook.
The stock market has lost $5 trillion over the last three weeks - and investors ain't playing around no more. They're running straight to the safe stuff.
A Bank of America's survey showed 52% of fund managers think gold's the move right now.
And central banks?
They're buying gold like it's going out of style - adding enough to equal the weight of 1,045 small cars!
China's central bank's been on a shopping spree too, marking their third month straight of buying gold.
Makes sense - they saw what happened when Russia's money got locked up after Ukraine. Gold's the one thing nobody can freeze or block.
🥡 The Takeaway: When markets get messy, gold becomes the go-to safety play for Wall Street. Keep an eye on gold prices while this trade drama unfolds.
Gold over the past week
💫 TMYK
Which index is considered a benchmark of the U.S. economy?
a.) Nasdaq
b.) S&P 500
c.) Russell 2000
Gimme some mo’
More news from 'round the market.
🎮 Nvidia's wild ride
Nvidia (NVDA) stock falls 30% as Wall Street pumps brakes on AI stock prices [Link]
👨💼 Intel's fresh start
Intel (INTC) shares rise as new CEO brings turnaround hopes [Link]
✈️ Delta hits turbulence
Delta (DAL) warns fewer folks booking flights, cuts profit outlook [Link]
🏃♂️ Dick's sporting reality check
Dick's Sporting Goods (DKS) sees tough times coming in 2025 [Link]
🚗 BMW's China speed bump
BMW (BMWYY) reports profit drop as Chinese buyers hit pause [Link]
🏠 Home costs heading up
New tariffs set to increase average new home price by $10,000, impacting builders and buyers [Link]
🛒 Dollar General's warning
Dollar General (DG) signals consumer stress as shoppers focus on necessities [Link]
7 tips to protect and grow your money (even in this market)
This was a rocky week in the market! I expected it. But how?
It's important to pay attention to the overall trend of the market so week's like this aren't really a surprise.
You can do this by simply keeping an eye one the market crowd (Dow, Nasdaq, S&P) and what direction they're moving in.
See how all 3 have been going down since mid-February?
This shows overall stocks will/are headed down.
But even during weeks like this, there's still 7 things you can do to protect and grow your money.
WATCH the full breakdown here or read below.
1️⃣ Trade and invest
By doing both, you can make right now money while still building for long-term.
2️⃣ Trade and invest in different accounts
Think of it like a checking and savings account - it's two different buckets of money and both have a different purpose.
3️⃣ Insure your long-term stocks
Use options to "insure" your long-term stocks when they fall in price.
4️⃣ Go for smaller profits
This makes sure your money isn't at risk for too long.
5️⃣ Go where the money is
Trade in the same direction as the overall market. If it's going up - stocks and calls. If it's going down trade puts.
6️⃣ Check your long-term stocks
Check your long-term companies to make sure they're still living up to why you invested in them in the first place. If they are, leave them alone and remember these are for years to decades!
7️⃣ SAT DOWN AND RELAX!
Just because the market is open doesn't mean you have to trade so SAT DOWN SOMEWHERE! Cash is a position and doing nothing is sometimes the best move.
We eatin'
You know that feeling when you come home and someone’s made you a home-cooked meal?
No effort, just grab a chair and dig in. Well, Swingset is like that — except with stocks.
As Rashad so poetically put it...
And honestly, who wouldn’t want that? We’ve done all the heavy lifting—15 years of data on each stock, trends with a 70% chance of repeating, and all you have to do is, well, pull up your charts and feast on some sweet profits.
So while everyone else is out there hunting for trades, you’re already eating.
Sound good?
Yeah, thought so.
🤳🏾 Let me check my palm pilot
Earnings events on deck this coming week.
Monday: Science Applications International (SAIC)
Tuesday: -
Wednesday: Signet Jewelers (SIG), General Mills (GIS), Williams-Sonoma (WSM), Five Below (FIVE)
Thursday: FedEx (FDX), Darden Restaurants (DRI), Nike (NKE), Lennar (LEN), Micron (MU),
Friday: Carnival Corp (CCL)
Market Outlook
A look at how the market does historically over the next week.
DowDown 8 out of the last 15 years |
S&PDown 8 out of the last 15 years |
NasdaqUp 8 out of the last 15 years |
To wealth in every sense of the word,