And a whole lot more!<\/p>\n
So let's dig into the 10 Things You Need to Know About Markets Right Now.<\/p>\n
1. Next Week Will Be WILD<\/h2>\n
Just look at this freaking calendar and tell me you're not pumped for next week – because Mr. Market's packing a ton of stuff into 4 days:<\/p>\n
We have:<\/p>\n And a whole lot more economic data!<\/p>\n Plus, we can't forget…<\/p>\n Friday looked like any other day… until the President dropped these bombs on Truth Social:<\/p>\n Yes, we kicked off the day reading about threats of a 50% tariff on the European Union, and a 25% tariff on Apple<\/strong> (AAPL).<\/p>\n The market got hit hard and fast.<\/p>\n But traders viewed this latest rock of the boat as a buying opportunity.<\/p>\n The bottom was in by 8:12 am:<\/p>\n The market is no longer freaking out at the President's strategy of negotiating hard in public.<\/p>\n And of course, he could announce within hours that everyone's best buddies all over again.<\/p>\n So maybe Apple's<\/strong> (AAPL) up huge on Tuesday? Who knows…<\/p>\n In April, NVIDIA<\/strong> (NVDA) earnings estimates fell for the first time in years after the company took a $5.5 billion charge because of export restrictions on the H20 AI chip.<\/p>\n Sound bad, right?<\/p>\n Well since then, the President went on a dealmaking rampage in the Middle East with a major emphasis on AI.<\/p>\n NVIDIA CEO Jensen Huang said<\/a> the company would sell more than 18,000 Blackwell chips to Saudi Arabia's Humain.<\/p>\n Plus, the US is partnering with the United Arab Emirates to build a major AI campus, and NVIDIA is joining the party, according to CNBC<\/a>.<\/p>\n And the Financial Times<\/em> reported<\/a> today that Oracle (ORCL) will drop $40 billion on NVIDIA chips for OpenAI's new US data center.<\/p>\n So could NVIDIA deliver monster guidance on its Wednesday earnings report?<\/p>\n It seems possible.<\/p>\n Speaking of NVIDIA, did you notice that…<\/p>\n Just as we started calling the Mag7 the Lag7… they perked up.<\/p>\n Six of the Mag7 are in positive territory for May with an average gain off 11%, beating the QQQ's<\/strong> 7% rally.<\/p>\n And 2 are up more than 20% – NVIDIA and Tim Walz' favorite stock Tesla<\/strong> (TSLA).<\/p>\n Not so bad.<\/p>\n Now, here's a fun Mag7 fact we bet you didn't know…<\/p>\n IBM<\/strong> (IBM) is the #1 stock in the Dow Jones Industrial Average this year with a 19% gain.<\/p>\n So we compared IBM to the Mag7, and it's winning. Big time.<\/p>\n Here are the numbers:<\/p>\n President Trump signed four executive orders to ease regulations on the nuclear industry, with a focus on increasing US uranium production.<\/p>\n Now, why do we need more nuclear power?<\/p>\n Because AI apps like ChatGPT, Grok, Claude, Perplexity, etc. use shocking amounts of electricity. (pun intended)<\/p>\n That sent uranium stocks through the roof Friday, with the Global X Uranium ETF<\/strong> (URA) surging 12%:<\/p>\n Keep your eye on this sector because uranium might be the next “hot AI trade.”<\/p>\n And outside of uranium, there's been hot action in power-grid names like GE Vernova<\/strong> (GEV), NRG Energy<\/strong> (NRG), and Constellation Energy<\/strong> (CEG).<\/p>\n The latest AAII sentiment survey shows that 37.7% of investors are bullish.<\/p>\n This is just above the long-term average of 37.5%.<\/p>\n And it's the first above-average bullish reading since January 30.<\/p>\n This is a perfect examples of how sentiment often follows price.<\/p>\n So two scenarios can play out:<\/p>\n 1) Traders keep bidding up equities as sentiment goes from “regular bullish “to “super bullish”<\/p>\n 2) We see a top or consolidation phase since sentiment has already improved so fast<\/p>\n What do you think?<\/p>\n Look at this chart comparing Bitcoin<\/strong> and MicroStrategy<\/strong> (MSTR):<\/p>\n![\"\"](\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2025\/05\/T3-Live-Calendar-Earnings-Economics-6.png\")
<\/a><\/p>\n\n
2. President Trump Will Rock the Boat<\/h2>\n
<\/a><\/p>\n<\/a><\/p>\n3. NVIDIA Is a Mystery<\/h2>\n
<\/a><\/p>\n4. Mag7 Stocks Are Kicking Butt in May<\/strong><\/h2>\n
<\/a><\/p>\n5. IBM Is Crushing the Mag7 This Year<\/h2>\n
<\/a><\/p>\n6. Nuclear Stocks Went Nuclear<\/strong><\/h2>\n
<\/a><\/p>\n7. Traders Actually Turned Bullish<\/strong><\/h2>\n
8. There's Something Funny About MicroStrategy (MSTR)<\/strong><\/h2>\n