What’s fueling this market – and what could derail it?

According to Lou Basenese, earnings are still strong. The Magnificent Seven continue to lead. But the rest of the market could catch up… especially if the Fed cuts rates this fall.

Still, there are weak spots, he says…

Housing is showing cracks, energy prices aren’t signaling growth, and small caps remain unloved – despite projected earnings rebounds.

Basenese sees opportunity in those unloved corners, including oil and gas stocks, underappreciated tech like Google, and even crypto… cautiously.

Watch now for where he sees potentially underpriced value today…

From interest rates and tariffs to the AI arms race and electricity bottlenecks, Basenese maps out the crosscurrents – and where they might pull investors next.