S&P 500 to 8,000? Dale Smothers on Oil, the Fed & AI Stocks

Dale Smothers joins Top Step TV with Andres to break down how rising geopolitical pressure and Iran-driven oil prices are hitting client portfolios- and why RDS Wealth Management got proactively defensive on AI-exposed names back in November before the pullback hit. Dale explains why that early repositioning paid off when oil-sensitive names were oversold in April, and how a clear plan is the difference between client panic and confidence during market storms like this one. The conversation also covers the new Fed chair's approach to interest rates and inflation, what falling oil prices could mean for a "transitory inflation" scenario, and why Dale's S&P 500 target for the end of the year sits around 8,000 - driven by continued earnings growth in semiconductors and hyperscaler spending. Topics covered: Geopolitical pressure and oil price impact on portfolios Why RDS Wealth got defensive on AI names in November Buying the oversold pullback in April The new Fed chair's approach to rates and inflation S&P 500 target: 8,000 by year end Why semiconductors and hyperscalers are leading the bid Want a plan built to withstand market storms like this one? Call 270.600.PLAN or visit rdsmotherswealth.com/contact for a free consultation. #StockMarket #FederalReserve #retirementplanning Retire the Way You Desire™ - Save Money. Plan Well. Live Happy. DISCLOSURE: R.D. Smothers Wealth Management is a state-registered investment adviser under the laws of the Commonwealth of Kentucky. Registration as an investment adviser does not imply any level of skill or training. Insurance products and services are offered and sold through RDS Insurance Group. R.D. Smothers Wealth Management and RDS Insurance Group are affiliated but separate entities. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. For more information please visit: https://adviserinfo.sec.gov and search for our firm name. This presentation has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Opinions expressed in this commentary reflect subjective judgments of the author based on conditions at the time of publication and are subject to change without notice. Past performance is not indicative of future results.