Dale Smothers on Finding New Value in Stock "Planting Season"
Schwab Network
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April 10, 2026 at 06:17 PM UTC
Bullish
85% Confidence
Watch on YouTube
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% |