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US equities (^DJI, ^IXIC, ^GSPC) are seeing positive movement in Wednesday's session as the S&P 500 is on track for its best gain in five sessions. Wall Street will be closely watching Nvidia's (NVDA) latest earnings figures due out after the market close on Wednesday.
Howard Capital Management CEO and CIO Vance Howard joins Wealth host Brad Smith to discuss the importance of following market trends over emotions, particularly in the current environment.
He emphasizes the significance of the company's proprietary byline indicator, which signals a positive market trend. "Right now, the trend is very, very positive. It's strong, and these pullbacks are actually gifts. I think 2025 is going to be a wonderful year," Howard states.
Howard notes that the current pullbacks in stocks like Salesforce (CRM) and Amazon (AMZN) offer viable opportunities for investors.
Regarding the tech landscape and crypto space, Howard anticipates growth — especially with bitcoin (BTC-USD) — forecasting an all-time high by year-end despite recent volatility. "I think we'll come out of this [$110,000] and shoot back up," he concludes. Bitcoin has sunk back below $87,000 this week.
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This post was written by Josh Lynch