2026 Midyear Update: Stocks Up, Small Cap Comeback, Silver Mania Ends

We're halfway through 2026, and it's been full of action. In this update, we break down the first half, and what to watch in the second half. In this video: ▪ S&P 500 up 9.5% at midyear despite a 10% drop earlier in the year due primarily to the Middle East conflict. ▪ Small caps surge 22%, outperforming large caps for the first time in over five years. ▪ The Mag 7 shocker: down 2.5% while the QQQ gained nearly 20% powered by the chip boom. ▪ Silver's mania ends: dropped 53% from its January peak, and why gold pessimism may signal opportunity. ▪ Q1 earnings crushed expectations (28.5% growth vs. 13% projected), with Q2 estimates rising. ▪ Oil's volatile ride from $57 to $115 and back to $70. ▪ Jobs market turnaround: 111K average monthly gains and no sign of significant AI-driven layoffs. ▪ SpaceX IPO update, plus OpenAI and Anthropic IPOs still to come. ▪ A story on why a risk tolerance questionnaire alone shouldn't set your portfolio.