Featuring: John Stoltzfus, Managing Director &amp; Chief Investment Strategist at Oppenheimer &amp; Co. Dan Ives, Managing Director &amp; Global Head: Technology Research at Wedbush Securities Rebecca Babin, Managing Director &amp; Senior Equity Trader at CIBC Private Wealth Group See omnystudio.com/listener for privacy information.

Bloomberg Surveillance TV: June 30th, 2026

Bloomberg Surveillance

# Full Transcript

**Podcast:** Bloomberg Surveillance

## Transcript

Surveillance, Bloomberg Surveillance, Bloomberg Surveillance, Bloomberg Surveillance, Bloomberg Surveillance, Bloomberg Surveillance, Bloomberg Surveillance, Bloomberg Surveillance, Hi, I'm Carol Masser with a helpful tip to keep you plugged in throughout the market day. Subscribe to the Stock Movers Report from Bloomberg. These are short audio episodes, five minutes or less delivered right to your podcast feed. Stock Movers fills you in on the day's winners and losers on Wall Street and tells you about the news and data that's driving those gains and losses. Why spend all day watching tickers scroll across your screen?

Subscribe to Stock Movers today on Apple, Spotify, or anywhere else you listen. Bloomberg Audio Studios. Podcasts. Radio. News. This is the Bloomberg Surveillance Podcast. I'm Jonathan Farrow, along with Lisa Abramowitz and Anne-Marie Hordern. Join us each day for insight from the best in markets, economics and geopolitics.

From our global headquarters in New York City, we are live on Bloomberg Television weekday mornings from 6 to 9 a.m. Eastern. Subscribe to the podcast on Apple, Spotify, or anywhere else you listen. And as always, on the Bloomberg Terminal and the Bloomberg Business App. Begin this hour with stocks holding steady following a rally in tech. John Stoltzfus of Oppenheimer, one of the bulls, writing, with S&P 500 Q2 earnings season several weeks away, news flow, eco-data, and developments in the Middle East are likely to drive market sentiment. John joins us now for more.

John, great to see you. Great to see you as well. Driving sentiment up or driving sentiment down? Well, you know, driving sentiment up, I'd say, right now, we'll have to see the way the jobs number looks at the end of the week, or on Thursday, a little bit early this week. But we have to say things are still remarkably good, and I think the operative word remains resilient. Resilient doesn't mean robust. It means resilient, not unchallenged. And every time we get the challenges towards that resilience,

whether it's an economic data piece, a piece of information related to a setback in the negotiations in the Middle East, or whatever you have, it seems to be overcome by that resilience factor that either shows earnings better than expected, debt in better situation than it actually was thought to be when the bears and the skeptics start trying to drag things down. And fundamentals remain very positive. And that's what you got.

We watch the fundamentals. I don't go after the technicians. I respect them. But I'm intermediate to longer-term investments. And, you know, we're all on the upgrade cycle in terms of tech. Whenever the drama and the headlines are against technology, I tell my team that's many years younger than I am, I tell them, I said, let's sell the— throw away the PC and the laptop. Let's look for an abacus, and for a slide rule, we'll be all set. I see what you'...

Bloomberg Surveillance TV: June 30th, 2026

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

Bloomberg Surveillance TV: June 30th, 2026

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.