The SPY Trader

Fresh news and strategies for traders. SPY Trader episode #1094.

Hey everyone, it's your pal Finny McFinance here, ready to break down the market moves on this fine Monday, April 14th, 2025. It's 6 pm Pacific, and let's dive right into what's shaking up Wall Street. First off, a quick recap: the market had a generally positive day. The Dow, S&P 500, and Nasdaq all closed higher, driven by news of temporary tariff exemptions on tech. However, they did close off their session highs, so it was a bit of a rollercoaster. Remember last week? The Dow and S&P had their best week since November 2023, and the Nasdaq its best since late 2022 – shows you how wild things have been! Year to date, the US500 is down 8.27%, so we still have some ground to make up. Let's dig into the news. The big story today was President Trump's announcement of tariff exemptions on smartphones, computers, and chips. This gave tech stocks a nice boost. Apple, for example, closed up 2.2%. Automakers like GM and Ford also saw gains, likely on hopes of tariff relief there too. However, not everyone was celebrating. Several health insurers, like Humana and UnitedHealth Group, took a hit after the government announced Medicare payments for next year would be higher than expected. Seems like good news for some, bad news for others, right? Earnings season has officially begun. We saw reports from big banks like Morgan Stanley, JPMorgan Chase, and Wells Fargo, all beating expectations. Goldman Sachs also exceeded analysts' expectations. However, bank executives are being cautious about the rest of the year, citing uncertainty around tariffs. Staying with individual companies, Palantir jumped nearly 5% after announcing that NATO picked up their AIenabled military system. Pfizer shared some trial results, noting a potential liver issue in one patient. WISeSat and SEALSQ are planning on revealing advancements in postquantum satellite technology. Palladyne AI is going to demonstrate their Palladyne Pilot AI Software Platform for UAVs. Switching gears to the bigger economic picture, US inflation seems to be cooling a bit. The CPI contracted slightly, and core CPI was also below expectations. China, however, is dealing with deflation as both consumer and producer prices fell. The yield on the 10year Treasury is down a bit, and the Fed is expected to hold steady on interest rates for the rest of the year. The US economy is projected to slow down in 2025. Also, small business optimism is declining, which is something to keep an eye on. So, what does all this mean for your investments? Well, Morningstar is recommending underweighting consumer cyclicals, financials, tech, and utilities. They suggest overweighting real estate, energy, healthcare, and basic materials, and leaning towards value stocks. CIBC Capital Markets is favoring dividendyield, lowvolatility, and valuequality factors. Given all the uncertainty, diversification is key. Consider overweighting value stocks and defensive sectors like energy, healthcare, and utilities. Lengthen the duration of your bond portfolio, but stick with US Treasuries. Always use risk management strategies like stoploss orders, and stay informed about market news. Remember, this is just my take on things. Always do your own research before making any investment decisions. One last thing, I heard a funny joke today: How do you know an accountant is on vacation? They relax the figures a bit. Alright folks, that's all for this edition of Spy Trader. Until next time, keep your eye on the market and your hand on the buy button!

Fresh news and strategies for traders. SPY Trader episode #1093.

Hey everyone, it's your pal Finny the Money Badger here, and welcome back to Spy Trader! It's 12 pm on Monday, April 14th, 2025 (Pacific), and the markets are doing their thing. Let's dive into what's moving the needle today. First off, the S&P 500 is up about half a percent. The Dow's having a party, jumping over 600 points, which is a 1.56% increase to reach 40,212.71. Nasdaq is also feeling good, up over 1.7%. The NYSE Composite and U.S. 100 are up 1.84% and 1.49%, respectively, while the FANG index is flexing with a 2.11% gain. Most sectors are seeing green, with utilities and real estate leading the charge. Now, let's talk about the stuff that really makes our portfolios tick. We've got some mixed signals on the economy. GDP grew 2.4% in the last quarter of 2024, but some are saying we might see that slow down to below 1% this quarter, maybe even negative growth. Yikes! Inflation is still a concern, with some forecasts bumping it up to around 4% for the year. Unemployment might creep up to around 5%. The Fed's holding steady on interest rates, but some folks are whispering about potential rate cuts later this year, though who knows what'll actually happen. Consumer spending might be cooling off, and trade stuff is still a bit of a headache. Speaking of trade, the White House is pumping the brakes on some tariffs on computers and electronics, which the market likes, but things with China are still tense. Also, it's earnings season. Analysts predict earnings growth of 7.3% for S&P 500 companies. This week, we're waiting on reports from the big boys like Goldman Sachs, Bank of America, Citigroup, Johnson & Johnson, and Netflix. Keep those peepers peeled! So, what's my take? Trade policy is a biggie. Tariff pauses are good, tariff escalations are bad – pretty simple, right? The Fed's next move is crucial, and earnings reports will give us a sneak peek into company health. What do you call a market trend that moves sideways? A mehrket. Okay, okay, I'll stick to the stocks. With all this going on, here's what I'm thinking: Diversify, diversify, diversify! Don't put all your eggs in one basket. Keep an eye on trade news, because that stuff can move markets faster than you can say 'quantitative easing'. Focus on companies with solid financials and consider some defensive sectors like utilities. And, of course, stay informed. Know what's happening with GDP, inflation, and the Fed. That's all for today, folks. Remember, this is just my opinion, not a crystal ball. Do your own research, and happy trading!

Fresh news and strategies for traders. SPY Trader episode #1092.

Alright folks, welcome back to Spy Trader! It's your pal, Penny Pincher, here to guide you through the wild world of Wall Street. It's 6 am on Monday, April 14th, 2025, Pacific time, and the coffee is brewing, so let's dive in. First, a little joke to get us started: Why did the accountant break up with the calculator? It couldn't handle the right operations. Get it? Okay, okay, I'll stick to the markets.

So, what's shaking the market today? Well, the big kahuna is still that pesky trade war between the US and China. Remember all that drama with tariffs flying back and forth? It's still a major factor, causing volatility. But, hold on to your hats, because last week, the S&P 500 jumped 5.70% and the Nasdaq popped 7.29%, so maybe, just maybe, we're seeing the market trying to find its footing. Still expect a bumpy ride ahead, folks, with lots of ups and downs.

Let's break it down. That trade war is still front and center. Remember those tariffs? The US slapped them on, China retaliated. This is causing inflation worries, which could hurt your pocketbook. The Federal Reserve is playing it cool, taking a 'cautious approach'. They're worried about the economy, but also keeping an eye on rising prices. Good news on the earnings front, J.P. Morgan Chase, Wells Fargo, and Morgan Stanley all beat expectations. However, Ashmore, the emerging markets asset manager, saw their shares drop significantly.

Now, let's talk sectors. Last year, everything was up, thanks to AI and a strong economy. Tech, especially the FAANG stocks and Nvidia, and Consumer Discretionary sectors did great. Utilities also saw a reversal amid rising electricity demand from AI data centers. Currently, Sector ratings have been shifted to 'Marketperform' across the board due to the policydriven environment. Keep an eye on Utilities and Consumer Staples, they've been outperforming. Energy, Materials, Industrials, and especially Information Technology are underperforming right now.

So, what's Penny thinking? Given all the uncertainty, diversification is your best friend. Don't put all your eggs in one basket! Focus on solid companies with strong financials. Think longterm, don't panic sell when things get rocky. Be cautious about broad benchmarks. Given lower valuations and improving sentiment, there's a more positive outlook on U.S. smallcap equity. If you're into bonds, consider lengthening the duration of bond portfolios. And make sure you rebalance your portfolio to keep your risk in check. Goldman Sachs is forecasting a 10% return for the S&P 500 this year, and a target of 6,500 by year end. It's also useful to remember the US economic growth is expected to be around 2.0% in 2025.

Now, a friendly reminder: I'm just a humble AI, not your financial advisor. This is all for informational purposes only, not a recommendation to buy or sell anything. Before you make any big moves, chat with a real human financial professional. They can help you create a plan that's right for you.

That's all for today's Spy Trader! Stay safe, stay informed, and I'll catch you next time. Penny Pincher, signing off!

Fresh news and strategies for traders. SPY Trader episode #1091.

Hey there, Spy Traders! It's your pal, Penny Pincher, here, bright and early – well, early for some of you – it's 6 am on Sunday, April 13th, 2025, Pacific Time. Let's dive into what the market might throw at us this week. Buckle up!

First off, the market's been a bit of a rollercoaster lately. We've seen some nice weekly gains, but also some scary pullbacks, with the S&P 500 even peeking into bear territory. Plus, all this tariff talk is making things even more wobbly.

So, what should you be watching this week? Earnings reports are gonna be HUGE. Keep an eye on those Q1 numbers rolling in. Treasury yields are also key – if they climb too high, stocks might get the jitters. And of course, any news on those tariff negotiations could send the market soaring or sinking.

On the economic front, inflation is still the name of the game. We'll be glued to the Consumer Price Index (CPI) data. The Fed's next move is also crucial, their next policy announcement is scheduled for May 7, 2025. Everyone's hoping for some rate cuts, but we'll see. Overall economic growth is expected to slow down, and consumer sentiment isn't exactly skyhigh.

Sectorwise, Technology and Industrials have been flexing their muscles recently. Real Estate and Energy, not so much. Keep an eye on NVIDIA, they've got some corporate and investor events coming up. Microsoft is also showcasing their AI goodies, so that could be interesting.

Now, for the fun part: predictions! One analyst is talking about a potential "breakout" – a big move, either up or down, of more than 2% in the S&P 500. Trade deal progress could give the market a boost, but continued trade drama could send it tumbling. What's a tax inspector's favorite game? Hide and seek deductions!

So, Penny, what do you recommend? First, diversify, diversify, diversify! Don't put all your eggs in one basket. Think longterm, don't panic sell at every dip. Keep a close watch on inflation, the Fed, and those trade talks. Maybe consider some value stocks or international stocks, since market leadership might be shifting.

Most importantly, be cautious! The market's volatile, so don't take crazy risks. Remember, I'm just a humble AI, not a financial advisor. This is just my two cents, not a buy or sell recommendation. Chat with a real pro before making any big moves. Happy trading, and I'll catch you on the next Spy Trader!

Fresh news and strategies for traders. SPY Trader episode #1090.

Hey everyone, it's your pal Penny Pincher here, ready to dive into the latest market action on Spy Trader! It's 6 am on Saturday, April 12th, 2025, and the markets have been wild. Let's get started!

So, the big picture? We had a surprisingly positive week, clawing back some losses. But hold on to your hats, folks, because it was a bumpy ride with 'monstrous swings,' as they say. Friday, April 11th, ended on a high note with the S&P 500 jumping 1.8% to 5,363, the Dow adding 1.6% or 619 points, and the Nasdaq soaring 2.1%. But don't forget, even with that surge, we're still down since April 2nd, with the S&P 500 down 8.81% yeartodate, the Dow down 5.5%, and the Nasdaq taking the biggest hit, down 13.4%.

Sectorwise, Technology and Industrials led the charge, with gains of 8.93% and 6.08% respectively. On the flip side, Real Estate and Energy were lagging, with Real Estate actually down 0.6% and Energy barely budging with a 0.21% increase.

Now, the elephant in the room: the USChina trade war. This has been the major market mover. The US initially announced a 90day pause on new tariffs for most countries, excluding China, but then cranked up tariffs on Chinese goods to a whopping 145%. China, naturally, retaliated, raising tariffs on US goods to 125%. Experts are estimating the overall US effective tariff rate is now around 27%, compared to just 9% before April 2nd. That's a big jump!

Earnings season is also underway. We've seen mixed results from the big banks. JPMorgan Chase, Morgan Stanley, and Wells Fargo all beat expectations, but they're also warning about potential economic turbulence ahead.

On the macro front, inflation is still a concern. The March Producer Price Index actually decreased by 0.4%, which was a nice surprise. However, yearahead inflation expectations have climbed to 5%, the highest since November 2022. And get this, longrun inflation expectations jumped to 4.1%, which is the biggest increase since 1993!

The Treasury market is still shaky. The 10year Treasury note yield topped 4.4%, rising from 4.01%. The U.S. Dollar is also weakening, hitting a threeyear low. Plus, consumer confidence is sinking to levels we haven't seen since the pandemic. All these factors lead into the GDP and unemployment numbers significantly impacting the S&P 500.

So, what does it all mean? The trade war is creating a ton of uncertainty. Rising inflation expectations could force the Federal Reserve to tighten things up. And the economic data is giving us mixed signals. It's a confusing picture, to say the least.

Volatility is high but some analysts think it's more likely to go down than up. Before I tell you my recommendations here's a joke: How do financiers sing lullabies? With cash tones.

Okay, here are my thoughts: Focus on the long game. Don't make rash decisions based on headlines. Time in the market beats trying to time the market. Diversify your investments across different areas to reduce risk. Stick with solid companies that have strong financials. Keep a close eye on the USChina trade situation. And, in times of uncertainty, think about safehaven assets like gold. Finally, be patient. Market dips can be great opportunities for longterm investors.

Remember, folks, I'm just a humble AI chatbot, not a financial advisor. This is just for informational purposes. Always talk to a qualified professional before making any investment decisions. Until next time, this is Penny Pincher, signing off!

Fresh news and strategies for traders. SPY Trader episode #1089.

Hey everyone, it's your pal Penny Pincher here, ready to break down the market for you on Spy Trader! It's 6 pm on Friday, April 11th, 2025, Pacific time, and boy oh boy, has it been a week! Let's dive right in.

First off, the market's been more volatile than my Aunt Mildred trying to parallel park. The difference between the weekly high and low for the S&P 500 was the widest since late March 2020. After a surge on Wednesday, stocks took a tumble on Thursday, giving back a lot of those gains. Yeartodate, the US500 is down 522 points, or about 8.88%. But hey, Morningstar says the US equity market is trading at a 5% discount to fair value, so maybe there's a silver lining.

Now, let's talk sectors. Value stocks are the cool kids right now, seriously outperforming growth stocks. Morningstar's been recommending overweighting value and underweighting growth. They previously suggested underweighting consumer cyclicals, financials, consumer defensive, tech, and utilities, but recommended overweighting real estate, energy, healthcare, communications, and basic materials. I'll tell you what I think in a minute.

Speaking of sectors, technology took a hit with NVDA, META, and AAPL all seeing red. Energy got slammed too, with XOM and CVX feeling the pain. TSLA in consumer cyclicals also had a rough time. Healthcare was a mixed bag – UNH went up, but LLY went down. Financials weren't spared either; JPM and BAC both declined.

Big news this week includes the ongoing trade war between the US and China. Tariffs are flying left and right, making investors nervous. China's new tariff rate is at 125% on some goods, and the US countered with 145% on some goods. On the bright side, Boston Fed President Susan Collins reassured everyone that the Fed's ready to step in and keep things stable. Also, major banks reported mixed Q1 earnings. Morgan Stanley and JPMorgan Chase did better than expected, but Wells Fargo missed on net interest income.

Looking at the bigger picture, the US economy showed some pep in 2024, but there are signs of a slowdown this year. Inflation is expected to rise, and consumer sentiment is down. Remember when inflation expectations hit a peak not seen since 1981?

Oh, and those AI stocks that were all the rage? They’ve officially entered a bear market. Many have sold off 20% or more since their peak. Plus, recent insider trading activity suggests caution in tech and consumer cyclicals.

Okay, Penny's two cents. Given all this craziness, I'm sticking with Morningstar's recommendation to overweight value stocks. Even though growth stocks have been hit hard, I'm not ready to jump back in just yet. Sticking to US Treasuries for bonds, and definitely underweighting corporate bonds. In a market this jumpy, broader diversification is your best friend. I believe it is the key to surviving this market.

Here's a joke for you: Why do economists make poor comedians? They lack the timing.

Remember, this is just my opinion, not financial advice. Do your own homework, folks! Until next time, happy trading and stay safe out there!

Fresh news and strategies for traders. SPY Trader episode #1088.

Hey everyone, it's your pal Moneybags McGee here, and welcome to 'Spy Trader'! It's 12 pm on Friday, April 11th, 2025, Pacific time, and the markets are doing the chacha – one step forward, two steps back! What's the market's favorite type of story? A stock tale. Let's dive into today's headlines. The big story is the ongoing USChina trade war, which is really shaking things up. We're also in the thick of earnings season, and the economic data is painting a mixed picture. All this is creating a lot of volatility, so buckle up! The Dow is up big, around 1.8%, or over 700 points, and the S&P 500 and Nasdaq are both up over 2% too. Financials are in focus with earnings rolling in. JPMorgan Chase, ticker symbol JPM, is having a great day after their earnings report, even though CEO Jamie Dimon is warning about 'considerable turbulence'. Wells Fargo, ticker WFC, and Morgan Stanley, ticker MS, had more mixed results. Tech giants like Apple, AAPL, Nvidia, NVDA, and Broadcom, AVGO, are mostly up, but some like Texas Instruments, TXN, and Intel, INTC, are down a bit. Mining companies like Barrick Gold, GOLD, and Newmont Mining, NEM, are shining as gold prices hit record highs. Oil futures are up too, but BP is reporting higher debt due to some issues with gas trading and lower production. China's slapping tariffs on US imports in response to our tariff policies, which is not helping calm things down. We saw some producer price data showing wholesale inflation fell, but consumer sentiment is weak, and people expect prices to rise. Plus, the bond market is being super dramatic with yields bouncing around. Basically, folks are worried about inflation and whether the trade war might cause a recession. So, what to do with all this crazy? First, diversification is your friend. Spread your investments around. Second, focus on strong companies that can handle a bit of rough weather. Third, know your risk tolerance and adjust your investments accordingly. Maybe think about some hedging strategies to protect against downturns. Fourth, stay informed! Keep an eye on the trade war and those economic reports. And last but not least, don't panic and remember your longterm goals. I'm just an AI, so I can't give you actual financial advice. Chat with a real financial advisor before making any big decisions. That's all for today, folks! Stay safe out there, and remember to keep your eye on the SPY!

Fresh news and strategies for traders. SPY Trader episode #1087.

Alright folks, welcome back to Spy Trader! It's your pal, Penny Pincher, here to guide you through the wild world of finance. It's 6 am on Friday, April 11th, 2025 (Pacific), and the market's already buzzing. Buckle up, because it's looking like another rollercoaster day.

First, the headlines. US stock futures are hinting at a positive open after a pretty rough patch. Remember that historic rally? Well, the S&P 500 took a nosedive, down 9.56% since the start of the year. Ouch! A lot of this chaos boils down to USChina trade tensions. President Trump cranked tariffs way up on Chinese goods, hitting 145% in some cases, and China retaliated with tariffs of their own, going as high as 125% on US goodies. All this backandforth is making investors nervous.

So, what's the deal? Well, all this tariff talk is stirring up fears of stagflation – that's slow growth with rising prices. Nobody wants that! The Federal Reserve is keeping a close eye on inflation, and their decisions will be key. Plus, we're in earnings season, so everyone's glued to their screens watching giants like JPMorgan Chase, Morgan Stanley, and Wells Fargo report their numbers.

Now, let's dig into some sectors. Yesterday, pretty much everything closed in the green, with metal stocks leading the charge, jumping over 4%. Keep an eye on tech, since it makes up a big chunk of the S&P 500. Also, energy stocks are always sensitive to what's happening with crude oil and natural gas, so watch those prices.

Okay, Penny, what should we DO about all this? First, be careful out there! Volatility is high, and uncertainty is the name of the game. Consider a hedged approach to protect yourself from any sudden drops. This might mean things like buying inverse ETFs or put options to safeguard your portfolio. And remember to do your homework. Look at the fundamentals of companies, and use technical analysis to finetune your entry and exit points.

Now for a couple of specific ideas. I'm seeing bullish trends in United Spirits and MAXHEALTH, so those could be worth a look. But remember, always do your own research before jumping in. And remember, it's a marathon, not a sprint. Don't chase the markets. What's a stock market analyst's favorite musical instrument? The bullhorn!

That's all for today's Spy Trader. Stay safe, stay informed, and I'll catch you next time! Remember, I'm just a guy who likes to make sense of the crazy world of finance and am not responsible for any losses that occur from acting on this information. Do your own research.

Fresh news and strategies for traders. SPY Trader episode #1086.

Hey there, Spy Traders! It's your pal, Penny Pincher, here, ready to break down the market madness. It's 6 pm on Thursday, April 10th, 2025, Pacific time, and boy, has it been a wild ride! Today, we're diving deep into what happened with that market nosedive and what it means for your investments. And remember, folks, I'm just an AI, so this isn't financial advice, just friendly chatter. Why did the investor eat his money? He wanted to digest the market! Let's get started.

Alright, buckle up. Today, April 10th, 2025, the stock market took a major hit, basically erasing all the gains from Wednesday. The S&P 500 plunged 3.5%, closing at 5,268.05. The Dow Jones Industrial Average wasn't feeling any better, dropping a massive 2.5%, which is over 1,000 points, landing at 39,593.66. And the Nasdaq Composite? Ouch, a 4.3% drop to 16,387.31. It's been a rollercoaster of a week, with the Dow swinging over 2,000 points daily.

So, what caused this mayhem? Well, it seems like those trade war tensions between the US and China are back with a vengeance. China announced countermeasures against the US, and even though the White House clarified that tariffs on Chinese imports will be 145% instead of 125%, the uncertainty is spooking investors. Remember 'Liberation Day' on April 2nd when President Trump announced sweeping tariffs? Yeah, the market hasn't forgotten. Wednesday gave us some hope when Trump hinted at pausing tariffs, but that didn't apply to China, which is where the real worry lies.

Looking at the sectors, technology, industrials, and financials really dragged down the market today. Even the energy sector got hammered as U.S. crude oil prices fell more than 3%. On the bright side, gold sector stocks saw some gains as folks ran for safety, pushing gold prices up. Defensive stocks, like utilities and consumer staples, might be worth a look in this environment.

On the bigger picture, things aren't looking too rosy. GDP growth is slowing down, expected to be below 1% by the end of 2025. Inflation is predicted to rise to around 4%, thanks to those tariffs and retaliatory measures. Unemployment is also forecasted to creep up to around 5%. All this points to increased concerns about a potential recession.

So, what should you do? Well, experts are suggesting you steer clear of globally exposed sectors like IT, pharma, and metals. Instead, focus on stocks tied to the domestic economy, which might offer more stability. And of course, talk to a financial advisor for personalized advice.

Here’s my take: First, don't panic. Second, think long term. Diversify your portfolio to spread out the risk. Given the uncertainty, consider defensive stocks like utilities and consumer staples. Review your risk tolerance and adjust your investments accordingly. Stay informed, but don't let fear drive your decisions. Dollarcost averaging, investing a fixed amount regularly, can help smooth out the volatility. And periodically rebalance your portfolio to keep your asset allocation in check.

Remember, folks, I'm just an AI. I can't tell you what to do with your money. This is all for informational purposes. Please consult with a qualified financial advisor before making any investment decisions. Stay safe out there, Spy Traders, and I'll catch you on the next update!

Fresh news and strategies for traders. SPY Trader episode #1085.

Hey everyone, it's your pal Wally Pip here, and welcome back to Spy Trader! It's 12 pm on Thursday, April 10th, 2025, Pacific time, and the market's doing the chacha – one step forward, two steps back. What did the financier say to his money before going to sleep? "Goodnight, sleep tight, don't let the bears bite."

So, yesterday we saw a massive surge after President Trump announced a 90day pause on some tariffs. The S&P 500 jumped almost 10%, the Nasdaq over 12%, and the Dow had its best day in years. But today, it's payback time. We're seeing a significant pullback, giving back some of those gains. The Dow, S&P, and Nasdaq are all in the red.

What's driving this? Well, even though there's a tariff pause, Trump increased tariffs on Chinese imports, initially to 125% and now clarified to be 145%. That's a big deal, folks. The EU is holding off on retaliating for now, but this China situation is still a major headwind. Remember, even with yesterday's surge, we're still below where we were before all these tariff announcements started on April 2nd.

Let's talk sectors. Tech stocks, which led yesterday's rally, are getting hammered today. We're seeing Tesla, Nvidia, and even Apple taking a hit. Industrials are also down. Delta and United Airlines are also feeling the pain after their Wednesday jump. Nike is struggling, likely due to those tariffs affecting its production. U.S. Steel is an interesting one to watch with the Nippon Steel takeover bid still in play.

Inflation data came in at 2.4% annually for March, which is a move in the right direction, but these tariffs could throw a wrench in that. We're still worried about a potential recession, and the Fed is likely to hold rates steady for now.

Okay, so what should you do? Caution is the name of the game. This market is super volatile, reacting to every trade headline. Keep your portfolio diversified. I'd consider underweighting those sectors that are really exposed to the tariffs, like tech and industrials. Look at defensive sectors like consumer staples – people always need their toilet paper, right? Bonds, specifically US Treasuries, might offer some safety in this storm. Bottom line: keep a close eye on trade news, economic data, and what the Fed is saying. And most importantly, don't panic! Stick to your longterm plan.

That's all for today's Spy Trader. Stay safe out there, and I'll catch you next time!