Dale Smothers on Finding New Value in Stock "Planting Season"

Schwab Network | April 10, 2026 at 06:17 PM UTC
Bullish 85% Confidence
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Key Points

  • Market is optimistic, 'looking through' short-term blips in oil and inflation, with buyers returning.
  • Recommends positioning in growth names like Amazon, Apple, Nvidia, and dividend-focused ETFs such as JEPI and HDV for income and stability.
  • Predicts continued volatility, especially around the debt ceiling deadline and mid-term elections, but sees these as opportunities for investors.
  • Emphasizes that strong earnings will be the primary catalyst for market growth, with a potential S&P 500 target of 7,000 by July.

AI Summary

Dale Smothers of RDS Wealth Management expresses optimism for the market, viewing current volatility as a 'planting season' for investors. He anticipates the S&P 500 could reach 7,000 by the end of July, driven by strong earnings and a hopeful resolution to geopolitical tensions. He recommends positioning for growth in tech names and stability through dividend-paying ETFs and covered call strategies.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bullish 85%
Consensus Bullish 85%