Zacks Investment Ideas feature highlights: SpaceX, Microsoft, Alphabet, RSP and IWM

For Immediate ReleaseChicago, IL – June 24, 2026 – Today, Zacks Investment Ideas feature highlights SpaceX SPCX, Microsoft MSFT, Alphabet GOOGL, S&P 500 Equal Weight ETF RSP and Russell 2000 Index ETF IWM.Why Wall Street's Summer Slump Will Be Short-Lived2026: A Whirlwind on Wall StreetThus far, 2026 has been a whirlwind for Wall Street investors. First, stocks cascaded lower amid the US-Iran conflict in the Middle East. Meanwhile, crude oil prices amid turmoil at the Strait of Hormuz (where roughly 20% of the world’s oil supply traffics). Despite the concerns, Wall Street did what it often does best - climb the proverbial Wall of Worry. By early April, US investors began ignoring the geopolitical headlines and began to refocus on the underlying economy which is being driven the AI buildout.What Should Investors Be Watching?Summer SeasonalityAfter a relentless rally from early April to late May, stocks have seemingly returned to their volatile ways. Seasonality and simple profit taking may be playing a key role. Often, institutional investors (who manage the majority of capital on Wall Street) take off on vacation during the summer, leading to an illiquid and volatile market environment. Additionally, investors often take chips off the table ahead of the mid-term elections.Markets Don’t Top in JuneOn the flip side, the good news for investors is that markets rarely top in June. In fact, over the past 50 years, no S&P 500 bear market has ever begun in June.QQQ Retreats to the 10-week Moving AverageAfter a raging multi-week rally, the Nasdaq 100 Index ETF (QQQ) finally retreated to the 10-week moving average. Seasoned investors understand that when an index gets extended from a moving average, it tends to snap back to it in a rubber band like fashion. Nevertheless, the first retreat to the 10-week moving average after a correction is historically extremely favorable to bulls.Market Participation BroadensSpaceX, the largest IPO in history, could be causing some short-term liquidity issues for other stocks. Meanwhile, “Mag 7” stocks like Microsoft and Alphabet have lagged recently. Nevertheless, the S&P 500 Equal Weight ETF and the Russell 2000 Index ETF have outperformed recently, suggesting that the market is in a rotational period, not an all-out selling stage.Sentiment Remains SourDespite the massive gains in the market, most investors remain skeptical. In fact, the latest AAII Sentiment Survey has more bears than bulls – a bullish contrarian indicator.Bottom LineMarkets are currently digesting massive first half gains. That said, several market indicators suggest that the volatility and selling will be temporary.Why Haven't You Looked at Zacks' Top Stocks?Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.Today you can access their live picks without cost or obligation.See Stocks Free >>Media ContactZacks Investment Research800-767-3771 ext. 9339support@zacks.comhttps://www.zacks.comPast performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.7% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks