The S&P 500’s latest move to record highs may not be as good as it looks

Strategas found a small share of S&P 500 members hitting 20-day highs bodes poorly for the index going forward.

Ships are canceling crossings to U.S., and Trump’s new 50% E.U. tariff threat isn’t likely to help May 23, 2025
The spotlight is back on U.S. supply chains after President Trump threatened new E.U. and smartphone tariffs
Joy Wiltermuth
Dollar decline, tariff tantrums and hair-trigger volatility could snap the stock market May 23, 2025
Trump’s tariffs stunned Main Street. Now they may starve Wall Street.
David Blond
The ‘mother of all credit squeezes’ is coming — hang on to your wallet May 23, 2025
Consumer confidence is buckling, and debt is mounting. Here’s how to steer your portfolio.
Charlie Garcia
Trump threatens Apple with 25% tariff: Is now a good time to buy an iPhone? May 23, 2025
On Friday, President Donald Trump threatened Apple with 25% tariffs on any iPhone sold, but not made, in the U.S.
Quentin Fottrell
As Trump hits E.U., phone makers with fresh threats, here’s where all his tariffs stand now May 23, 2025
U.S. President Donald Trump issued new tariff threats on Friday that targeted the European Union and makers of smartphones, saying the E.U. will face a 50% levy on June 1 because trade talks are “going nowhere.”
Victor Reklaitis
My daughter’s boyfriend, a guest in my home, offered to powerwash part of my house — then demanded money May 23, 2025
“The amount was about what I would have paid to get the whole house done, and not just one side.’
Quentin Fottrell
These are the 8 words investment advisers can’t say to promote themselves May 23, 2025
Advisers should put no price targets on an investment a client owns and give no forecasts of anticipated performance.
Morey Stettner
AI bots aren’t just shaping your opinions. They’re threatening your private data. May 23, 2025
Social media is being transformed into an arena where artificial voices drown out human interaction.
Jurica Dujmovic
5 myths about AI that could be keeping you from investing in up-and-coming tech stocks May 23, 2025
AI and robotics are giving investors a new market of stocks to watch.
Cody Willard
Nuclear-power stocks rise as Trump signs orders to aid sector. Progress may be slow, analyst warns. May 23, 2025
Shares in companies tied to nuclear power jumped Friday, helped by President Donald Trump’s rollout of four executive orders that aim to provide a boost to the sector, but there were concerns about whether there could be much of a near-term impact.
Victor Reklaitis