And a whole lot more! So let's dig into the 10 Things You Need to Know About Markets Right Now.<\/p>\n
1. President Trump Is Winning Bigly… For Now<\/h2>\n
President Trump had one heck of a week, generating so much news that it's impossible to figure out how good it all is – and how much credit he deserves.<\/p>\n He:<\/p>\n Did we miss anything?<\/p>\n Following the news is exhausting.<\/p>\n But financial markets appreciate the injection of some certainty that the world will carry on.<\/p>\n And for now, the market feels like the scoreboard for the President's economic agenda.<\/p>\n So for now, the President is winning. Bigly!<\/p>\n For fun, we asked our X\/Twitter audience if Trump was a “Very Stable Genius” or a “Madman.”<\/p>\n The results leaned towards Madman:<\/p>\n There were two big stories this earnings season.<\/p>\n The first was all the companies pulling guidance because of tariff drama – like Snap<\/strong> (SNAP), United Parcel Service<\/strong> (UPS), and American Airlines<\/strong> (AAL).<\/p>\n The second was earnings being way better than expected.<\/p>\n According\u00a0 FactSet<\/strong><\/span><\/a>, Q1 earnings grew by 13.6%, smashing expectations for 7.2% growth.<\/p>\n So we must ask – could expectations for Q2 earnings season be far too low?<\/p>\n FactSet says analysts predict EPS growth of just 4.8%.<\/p>\n And 91% of S&P 500 companies discussed tariffs on their earnings calls.<\/p>\n So could we see a repeat of Q1 where companies beat overly negative expectations?<\/p>\n Yes – especially if Trump can strike a deal with China.<\/p>\n NVIDIA's<\/strong> (NVDA) last earnings report was good – but not quite strong enough to meet super-high expectations.<\/p>\n And then the company announced $5.5 billion charge due to export restrictions on its H20 AI chips.<\/p>\n So the stock crapped out.<\/p>\n But with all the AI dealmaking happening – could NVIDIA surprise investors in a good way on its May 28 earnings report?<\/p>\n Because that's what it feels like.<\/p>\n The market is expecting good things – after all, the stock is up 55% from its April lows.<\/p>\n Outside of the President's deals, the big economic story this week was the light CPI and PPI reports.<\/p>\n And of course, the world celebrated the long-awaited drop in egg prices:<\/p>\n On the flip side of this, WalMart<\/strong> (WMT) warned that higher prices were coming because of tariffs.<\/p>\n At this month's FOMC meeting, Fed Chair Jerome Powell waxed poetic about the Fed's data-driven approach to monetary policy.<\/p>\n That drove some mockery.<\/p>\n But can you blame him?<\/p>\n Let's be honest. None of us can make sense of all the chaos.<\/p>\n This week's AAII Sentiment survey shows that 35.9% of investors are bullish.<\/p>\n This is below the long-term average of 37.5%.<\/p>\n But it's a big jump from the multi-year lows seen in March and April.<\/p>\n Nothing changes the mood like higher prices.<\/p>\n Also, the CNN Fear & Greed Index went from 3\/100 on April 8 to 77\/100 on May 16:<\/p>\n UnitedHealth<\/strong> (UNH) was destroyed this week.<\/p>\n In the span of 2 days, its CEO resigned and the Wall Street Journal reported the Department of Justice is investigating<\/a><\/strong><\/span> the company for possible Medicare fraud.<\/p>\n The stock was sent back to 2020 levels, and its Relative Strength Index (RSI)<\/a><\/strong><\/span> hit 11 on Thursday.<\/p>\n It's hard to get more oversold than that – UNH's RSI had not been that low since 1998.<\/p>\n The stock had a vicious rally off the lows.<\/p>\n And on Friday, Sami Abusaad called it long in the Number Ones newsletter.<\/p>\n Where is UNH stock going from here?<\/p>\n Sami first target is $320, then $340.<\/p>\n Given the way Sami nailed Tesla<\/strong> (TSLA),<\/a><\/span> you should listen to him.<\/p>\n Gold was the star of the market in 2025… up until April 22.<\/p>\n Since then, it's down 8% as an easing of trade tensions and improved economic data pushed traders back towards risk assets like stocks.<\/p>\n But is gold now a buy?<\/p>\n Our own JR Romero<\/a><\/strong><\/span> and Sami Abusaad<\/a><\/strong><\/span> say no. Both argue there is more downside ahead.<\/p>\n![\"\"](\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/05\/1-5.png\")
<\/a><\/p>\n\n
<\/a><\/p>\n2: We Need to Talk About How Awesome Earnings Season Was<\/h2>\n
3. NVIDIA Is Coming Back into Focus<\/strong><\/h2>\n
4. Inflation Is Over?<\/h2>\n
<\/a><\/p>\n5. Love Is Almost in the Air<\/h2>\n
<\/a><\/p>\n<\/a><\/p>\n6. UnitedHealth Hits a Technical Milestone – and Might Be Headed to $340<\/h2>\n
<\/a><\/p>\n7. Gold Looks Sloppy<\/strong><\/h2>\n