Monday Market Surge

Stocks opened strong Monday as investors welcomed signs that the Trump administration’s upcoming tariff package may be more targeted than feared.

The Dow jumped over 500 points, while the S&P 500 and Nasdaq each rallied more than 1.5%, pushing the S&P back above its key 200-day moving average—a level closely watched by traders as a signal of long-term momentum.

The shift in tone around tariffs helped ease concerns of a broad-based trade shock. Reports suggest the administration will focus its reciprocal measures on specific sectors and countries rather than launching a sweeping set of increases. That’s giving markets room to breathe heading into a week packed with catalysts.

The Federal Reserve’s preferred inflation gauge, the PCE index, is due Friday. Other key data includes consumer confidence and durable goods orders. With expectations for two rate cuts still intact, a cooler inflation read could reinforce the soft-landing case investors have been hoping for.

In the meantime, many of the stocks in our portfolio and on our watchlist are soaring:

Oklo (OKLO): +12%

We just featured OKLO as a name to watch on our monthly MegaTrends report, which is published through a partnership with TradeSmith.

You can learn more about this offering here, including how to gain access to our hot March Report: Going Nuclear.

OKLO shares are surging ahead of the company’s earnings report today after the bell.

Oklo is developing compact nuclear fission plants designed to run for years without refueling. Unlike traditional reactors, Oklo’s design uses recycled fuel and is built for faster, lower-cost deployment.

Today the company took another step toward building its first commercial unit.

The company entered a Pre-Application Readiness Assessment with the U.S. Nuclear Regulatory Commission (NRC). This process allows the NRC to review early materials related to the site and environmental impact of Oklo’s proposed Aurora Powerhouse at Idaho National Laboratory.

While this doesn’t guarantee approval, it moves Oklo closer to construction and commercial operation.

OKLO plans to submit its full application later this year. Oklo says it has long-term power agreements in place that would require more than 14 gigawatts of total capacity—roughly equivalent to powering over 10 million homes.

The company has an earnings report today after the bell.

We’ll be listening closely for commentary, tone, and other important updates.

As it stands OKLO continues to trade well below February highs. Members will be first to know if/when we initiate a position.

Tesla (TSLA): +10%

Tesla (TSLA) shares are up just over 10% midday Monday, one of the stock’s sharpest moves upward in recent months. The rally follows a combination of macro tailwinds and renewed investor interest.

The stock had been under pressure for much of the year, but today’s move reflects a shift in sentiment. Reports that the Trump administration may implement more narrowly focused tariffs helped ease concerns about trade-related disruptions—particularly for global manufacturers like Tesla.

Investor interest also picked up after CEO Elon Musk held an all-hands meeting last week, encouraging employees to hold onto their stock and reaffirming Tesla’s long-term bets on autonomous driving and robotics. That message appears to have resonated with retail investors, who remain a major force in the stock’s trading volume.

LikeFolio data shows accelerating interest in Tesla, with digital traffic up double-digits YoY while most peers lose steam.

Cryptocurrency: MARA, MSTR, Bitcoin

Bitcoin, Marathon Digital (MARA), and MicroStrategy (MSTR) are all trading higher today as Bitcoin climbs above $88,000, supported by renewed institutional inflows into spot ETFs, optimism around more flexible trade policy comments from President Trump, and broader risk-on sentiment.

MARA, a major Bitcoin miner, is up nearly 14% as rising BTC prices improve mining profitability. The move builds on momentum from earlier gains in 2024. MSTR, which now holds over 500,000 BTC following a recent $584 million purchase, is up more than 7% as investors continue to treat it as a leveraged proxy for Bitcoin.