SPY Remains Resilient While Growth Themes Stay Volatile

AfraSimon
11:34

It won't go down. Current admin won't let it. Every meaningful dip "tacos" within two weeks. Volatility sure, but meaningful downside? It's going to take something outside of the President's control to really roll this thing over in the first half of this year.

Sure there will be many 1%-3% mini drops in $SPDR S&P 500 ETF Trust(SPY)$ next few months...but another -15% correction before midterms is less than likely. Market performance is the current admin's metric of choice...they call out the "historic stock market" seemingly daily. Will do almost anything to maintain current trajectory.

Individual high-beta names will continue to get caught in little rolling bubbles, and that volatility will create opportunity for great entries in many growth-related themes (ai, fintech, space, etc) as they inevitably head higher too.

But there's an obvious political incentive tailwind that'll attempt to float this market higher for now imo.

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