Sorina Weber @SorinaWeber: "S&P 500 knocking on 7,400's..."

Germany

S&P 500 knocking on 7,400's door and AI is somehow even making mortgage rates interesting. What a time. The index keeps pushing higher, which means $VOO (Vanguard S&P 500 ETF) $SCHX (Schwab US Large-Cap ETF) and the rest of the broad market ETFs are doing exactly what we want. And when the market trends up, leveraged plays like $SSO (Proshares Ultra S&P 500 ) and $TQQQ (ProShares UltraPro QQQ) can really juice returns. Meanwhile, CrowdStrike ($CRWD) got both an upgrade AND a downgrade today. That's actually bullish for $FTEC (Fidelity MSCI Information Technology Index ETF) $VGT (Vanguard Information Technology) - it means cybersecurity spending is still a debate, not a done deal. There's room to grow. The AI productivity story is spreading everywhere. Even mortgage rates are getting the AI treatment. Tech companies selling the picks and shovels ($SMH $TQQQ) should keep benefiting as this wave rolls out. What's your take - is the S&P cracking 7,500 before summer or do we need a breather first?

Not investment advice. The author may have financial interests in the mentioned instruments.