The Money Wise guys kick off this week’s episode by celebrating a strong rally in the markets and declaring the "tariff tantrum" officially over. The Dow surged 1,405 points (3.4%), the S&P 500 gained 298 points (5.3%), and the NASDAQ jumped 1,282 points (7.2%). That brought the Dow and S&P into positive territory for the year—up 0.3% and 1.3% respectively—while the NASDAQ is now down just 0.5% year-to-date. The spark for this surge? Productive trade talks in Switzerland between Treasury Secretary Bessette and Chinese officials, which resulted in a 90-day pause on the harshest proposed tariffs. The guys have long suspected those extreme tariffs would never be implemented, and the market's sharp V-shaped rebound has affirmed that outlook.

They also discuss how the S&P 500 successfully broke through technical resistance at the 200-day moving average, signaling renewed strength in the market’s momentum. Despite ongoing media skepticism and the likelihood of more headline-driven bumps ahead, the team is optimistic that the worst of the tariff-related fear is in the rearview mirror. They note that there's still room for growth, with the S&P 500 about 3% off its February highs and the NASDAQ still 4.5% below its recent peak. As trade tensions ease, attention is beginning to shift toward domestic policy—particularly the proposed “big beautiful tax bill,” which has hit some pushback. While it's a work in progress, the market hasn’t reacted negatively to political debate, another encouraging sign for investors moving forward.

After weeks of uncertainty and technical stagnation, the market finally broke through resistance at the S&P 500’s 200-day moving average, confirming a V-shaped recovery. The Dow, S&P, and NASDAQ all posted major gains on the week, bringing the indexes closer to their previous highs. While there's still ground to cover—the S&P is about 3% off its February peak, and the NASDAQ is 4.5% below its December high—the team emphasized that recovery isn’t just about bouncing back, but continuing to build. With technical strength returning and investor sentiment improving, the foundation is being laid for a new phase of growth.

In the second hour, the Money Wise guys explore RIA vs. Broker. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

This week on Money Wise, the “three amigos” take over hosting duties to break down another relatively quiet but technically meaningful week on Wall Street. The Dow dipped slightly by 0.16%, the S&P 500 slipped 0.47%, and the NASDAQ fell just 0.27%. Year-to-date, the major indexes are still in negative territory, with the Dow down 3%, the S&P down 3.8%, and the NASDAQ down 7.2%. Despite the modest weekly moves, the team points to an important technical development: the S&P 500 moved above its 50-day moving average, creating a new level of support, but continues to face resistance at the 200-day moving average. They liken the current market pattern to a “cha-cha” or a truck stuck in the mud, moving sideways until there’s more clarity on trade negotiations—particularly with China.

The Money Wise guys discuss how upcoming meetings between U.S. officials and Chinese trade representatives could play a key role in determining whether the market breaks out of its current range. While headline noise continues, the team believes we may already be past the worst of the negative sentiment. April's market performance—down less than 1% despite volatile news flow—was cited as evidence of resilience. With the S&P 500 still 7.9% off its February highs, the guys emphasize that there's still plenty of room for growth and encourage investors not to assume they’ve “missed” the recovery. Their closing message: stay level-headed, tune out the media spin, and lean on long-term fundamentals.

The Money Wise guys emphasize the significance of upcoming trade negotiations between the U.S. and China, noting that a well-received framework could be the catalyst markets need to break out of their current sideways pattern. With Secretary Bessette expected to meet with Chinese officials, early talks are focusing on de-escalating current tariff measures before diving into a more comprehensive trade plan. The guys believe that a positive outcome—especially one that avoids reinstating the harsher tariffs previously announced—could ease investor anxiety and inject new momentum into the market. While political noise will likely continue, they point out that both economic and political pressures make it unlikely that the full slate of punitive tariffs will be enforced. If meaningful progress is made, it could help the S&P 500 push past its 200-day moving average and reignite broader investor confidence.

In the second hour, the Money Wise guys share The Best Investment Advice Ever . You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.

This week on Money Wise, the guys recap another positive stretch for markets as the Dow climbed 1,204 points (3%), the S&P 500 rose 161 points (2.9%), and the NASDAQ jumped 595 points (3.4%). Despite ongoing tariff worries, the indexes continue to recover from earlier declines. Year-to-date, the Dow remains down 2.9%, the S&P 500 is off 3.3%, and the NASDAQ is still down 6.9%. April itself ended with mixed results — while the Dow and S&P were slightly negative, the NASDAQ managed a modest gain, highlighting how quickly sentiment has shifted. The Money Wise guys point to the market’s nine-day winning streak as a reminder of why emotional investing and market timing can be dangerous. Investors who stepped aside during the tariff turmoil likely missed a major rebound, reinforcing the team’s advice to stay disciplined and diversified.

Much of the discussion centers around the ongoing trade situation and its evolving impact on market dynamics. While uncertainty remains, the guys are cautiously optimistic that the harshest tariff measures may never materialize. They emphasize that with 60 days left in the current negotiating window, many global trading partners — especially China — appear motivated to reach deals. Recent headlines, such as China’s willingness to discuss fentanyl trade issues, fueled hopes of progress. The team also acknowledges political considerations, noting that with midterms approaching and tax policy goals on the table, President Trump may be inclined to soften tariff plans to avoid jeopardizing economic momentum. In short, while headline risk remains, the market’s resilience and improving breadth suggest investors should stay focused on fundamentals and avoid reacting emotionally to every twist in the news cycle.

The Money Wise guys spotlight the ongoing 90-day tariff countdown, emphasizing how it continues to hang over the market and shape investor sentiment. While uncertainty remains, they express confidence that the harshest tariff measures announced on April 2 may ultimately never be implemented. With about 60 days left in the negotiation window, key trading partners—especially China—are showing signs of willingness to come to the table, evidenced by recent talks around sensitive issues like fentanyl. The hosts note that political pressures, including upcoming midterm elections and the desire to push tax legislation forward, may further motivate President Trump to ease or delay tariff plans. For now, the countdown keeps markets headline-driven, but the team believes an all-out tariff escalation remains unlikely.

In the second hour, the Money Wise guys discuss Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.