Did you know that the S&P 500 represents about 80% of the U.S. stock market's total market capitalization?

Investing in the S&P 500 gives you exposure to a large portion of the U.S. economy, which is why it's often seen as a bellwether for overall market health.

Here’s today’s serving of insights:

• S&P 500 at 6000 by Year-End? First, we’ll examine whether the S&P 500 will hit the 6000 mark by the end of the year or not 🤔

• Are Valuations an Insurmountable Obstacle to More Stock Market Gains? Next, we explore whether current earnings estimates are enough to push the S&P 500 to new heights 📊

• Berkshire Hathaway Sells About $850 Million Worth of Bank of America Shares: Finally, Berkshire Hathaway’s recent sale of Bank of America shares has raised some eyebrows 🏛️

Each of these articles offers valuable insights that can help you understand and leverage the current stock market. Off we go!

S&P 500 At 6000 By Year-End? 🤔

Sometimes you have to take a step back to go forward.

That’s the case with the S&P 500 which may hit 6000 by the end of the year.

Currently at 5600, the S&P is just 7% away from 6000—and it won’t take too much to get it there.

The first path is the most obvious 👀

Tech weakness could set the stage for dip-buyers to come in and boost tech stocks.

And why not?

Nvidia’s setback stems mainly from its delayed Blackwell chip, which should arrive a few months late.

While analysts see decelerating sales and profit growth next year, they’re still forecasting earnings to grow at a double-digit percentage clip 📈

That could make chip stocks tempting, particularly since the semiconductor ETF (SOXX) is already down 14% from its July peak.

The ETF also trades at 24.8 times 12-month forward earnings, down from 29.7 earlier this year.

What’s more, it trades at just 22 times 2025 earnings expectations, less than a point above the S&P 500’s multiple of 21.3 times.

The chip group has traded as high as nine points above the index over the past three years, according to FactSet.

If chip stocks, worth about 10% of the S&P 500’s market cap, rebound, the index could find its way to 6000 by the end of the year 🏆

Are Valuations An Insurmountable Obstacle To More Stock Market Gains? 📊

Analysts expect aggregate earnings for S&P 500 companies to hit $278 a share in 2025, according to Factset.

That number is good enough that estimates don’t even need to rise for the index to hit the next big round number.

An S&P 500 at 6000 by year end implies that it will trade at 21.6 times forward earnings, a touch below its 21.8 times peak earlier this year before it became clear that the Fed wasn’t about to cut rates ✂️

Of course, September is historically a tough month for stock and living up to that reputation could push hopes of 6000 into next year.

But by the end of 2025, the market will reflect earnings estimates for 2026, which currently stand at $311.

An index at 6000 by the end of next year would represent just a 19 times multiple on that forecast 🧮

It doesn’t take too much for the S&P to reach 6000.

💰 Your New Income Generator 💰

Get an exclusive sneak peek into this secret income generator - Right In Your Pocket

1. Blow Away The Competition: Use this little-known stock market loophole to make $500-$1,000 DAILY.

2. Streamlined Trading System: This 5-step system is so easy to learn that anyone from college dropouts to 80-year-old grandmas can get started with it.

3. No Experience Or Equipment Needed: All you need is your phone or laptop, an internet connection, and 1-2 hours a day, and you’ll be ready to get going.

If you’d like to know more, sign up now for a free training that shows you exactly how you can get started.

Berkshire Hathaway Sells About $850 Million Worth Of Bank Of America Shares 🏛️

In recent days, Berkshire Hathaway sold 21 million shares of BoA for nearly $850 million, according to a form 4 filing with the Securities and Exchange Commission late Friday.

Berkshire sold the shares on Wednesday, Thursday, and Friday at prices of about $40 a share.

Bank of America stock finished Friday at $40.75, up 1.4%, nevertheless.

Berkshire now holds 883 million shares of the banking giant, an 11.4% stake, worth about $36 billion, making BoA Buffet’s third largest holding behind Apple and American Express.

Investors will keep a close eye to see if Berkshire keeps selling 👀

Inner Circle Global Macro Update 🔍

If you wish to gain access to our Inner Circle Global Macro Update, packed with exclusive insights from award-winning portfolio manager and economist Seth Antiles, with secrets that’ll give you an edge in the stock market, be sure to upgrade by clicking the button below 👇️