The Wednesday Weekly
Financial Market Insight June 10th, 2026
Weekly Market Insight
Welcome to our weekly market update. This newsletter is designed to provide you with current market data, investment insights, and educational information about market trends and strategies. The content herein represents our observations and analysis of market conditions and is intended for informational and educational purposes only. It does not constitute personalized investment advice or a recommendation for any specific security or strategy.
Major Market Indexes
Closing Price as of 06/09/2026
The Strong Tower Difference
Ask Yourself…
What do you own?
Why do you own what you own?
Do you know what you’re truly paying for your investment management and advice?
If you can’t answer these three questions, watch this video
Items of Interest
Odds and Ends
SpaceX:
Market expectations suggest that a future SpaceX public offering could become the largest IPO in history. Some analysts estimate the company could raise more than $75 billion at a valuation
exceeding $1.5 trillion, far surpassing the current IPO fundraising record of $25.6 billion set by Saudi Aramco in 2019.
For U.S. companies, the largest IPO on record remains Visa’s 2008 offering, which raised $17.9 billion. A SpaceX IPO of the size being discussed would establish a new benchmark for both global and American public offerings.
Summertime Blues:
While summer is often associated with vacations, market participants frequently refer to the period as the “Summertime Blues” due to historically muted stock market performance.
Following a strong recovery from the first-quarter pullback, the S&P 500 gained 8.75% year-to-date through June 8. Historical data suggests that summer months have generally produced lower median returns compared with many other periods of the year.
Chart of Interest:
(Source: Dorsey Wright & Associates)
Market Breadth - UP:
Despite a sharp pullback in technology stocks at the end of last week, underlying market breadth has continued to improve. Much of technology’s recent strength had been concentrated in semiconductor stocks rather than broadly across the sector. The divergence between semiconductors and software companies was largely driven by enthusiasm surrounding artificial intelligence, as advances in AI continue to fuel expectations for increasing demand for semiconductors and memory chips. The recent weakness highlights both the concentration of market leadership within technology and the influence of AI-related themes on sector performance.
What Is Your Style?
Recently I was told that my coaching “style” was different. This comment led me to reflect on how I show up on the field coaching my son’s baseball team and off the field managing my business.
As a coach, my style is simple:
I communicate. I communicate with parents about their child’s progress, strengths, and areas for improvement. I communicate with players about effort, attitude, and accountability.
I am present. I show up when the lights are on, but in particular when they are not. I am engaged. When I am there, I am all in. I push all my players, particularly my son. My players know what I expect: Play hard. Never quit.
They have been told they can control three things: Their energy, effort and attitude. If they don’t provide those things either collectively or individually, they will know! May be a bit much for some kids (and parents) but I am a guy who prefers a full-frontal assault verses a covert incursion.
My goal is always the same: to help young athletes (and young men) reach their potential. They are going to be future leaders. In their community, church, team and at home.
That same philosophy carries over into my business.
I believe clients deserve an advisor who is engaged, present, and available. Not just when markets are rising, but especially when uncertainty and challenges arise.
I strive to be fully invested in serving my Lord, my family, and my clients.
My style is not passive. It is not hands-off. It is not waiting for someone else to solve the problem.
When something doesn’t seem right, I ask questions. When challenges arise, I work through them. I pray, evaluate, and seek solutions. And when action is required, I act.
Whether on the ballfield, at home, or in the office, my approach remains the same: be engaged, communicate honestly, work hard, and give an all-in effort.
When you choose a coach or a financial advisor you deserve someone who shows up and stays involved.
What do you expect from your child’s Coach…......or Advisor?
Current Strong Tower Model Allocation
Clients Only — Allocation as of 06/09/2026
Bottom Line:
55.00% of our model is currently in the top 4 Industry Groups.
89.00% of our model is currently in the top 8 Industry Groups.
About Us
At Strong Tower Wealth Management, we offer comprehensive wealth management services using a goal-focused and holistic approach that considers each client’s overall financial situation, including their family, circumstances, and objectives. Our services include investment management, insurance planning, and estate planning coordination, provided with an emphasis on clarity and transparency.
Not a client yet? We invite you to schedule an introductory assessment with Brett to discuss your financial goals and learn more about how we can support you.
Brett Lewis
Founder / Managing Director
Strong Tower Wealth Management
www.strongtowerwealthmanagement.com




