Air Jordan's Take: Will the Bulls or Bears Dominate Wall Street Next Week?

Trade Wars: Is This a Game Seven?

Alright folks MJ here and I'm not just talking about sneakers today. We're diving into the stock market which let's be honest is almost as unpredictable as Dennis Rodman's travel schedule. So Wall Street is watching to see if this rally off the April lows can keep flying high despite all the trade talk. Trump's hinting at deals with everyone from South Korea to Japan. But like a bad call in the playoffs it ain't over 'til it's over. We need to see more than just talk to keep this party going or we might be looking at another 'Flu Game' situation – not pretty.

Tax Cuts: A Slam Dunk or an Airball?

Now these Republican lawmakers are trying to push through tax cuts like I used to push through defenders. But will it be a slam dunk for the economy or just another airball? The House Ways and Means Committee passed a tax bill but the Budget Committee voted against the whole package. It's like trying to get Scottie Pippen to agree with Phil Jackson – good luck with that! Some folks are saying this could add trillions to the deficit. Remember you miss 100% of the shots you don't take but you also gotta make sure those shots don't bankrupt you.

The Magnificent Seven: Are They Carrying the Team?

The S&P 500 is up baby! And it's all thanks to the 'Magnificent Seven' – Nvidia Tesla Meta Microsoft Amazon and probably a few others I'm too busy golfing to remember. These companies are soaring higher than my free throw percentage (okay maybe not *that* high) but they're carrying the market on their backs. But one guy at Bleakley Financial Group Peter Boockvar thinks we're just gonna lose this profit. You know what I say to that? Stop it. Get some help.

Retail Therapy or Retail Apocalypse?

We're gonna find out if people are still spending money like they're trying to keep up with my gambling habits. Home Depot Target TJX – these guys are about to drop their earnings reports. It's not gonna be pretty. One of them Target is worried about raising prices and Walmart says prices might go up. It's like they're trying to charge me extra for my Gatorade. That's unacceptable!

History Lessons: Beware the Bounce!

Some analyst at CFRA is saying history shows that bear markets often start with a big drop followed by a bounce and then…another drop. It’s like thinking you’ve finally beaten the Monstars in Space Jam only to realize they’ve got another trick up their sleeves. The lesson? Don’t get too cocky too soon no matter how good you are. Even I had my off days. Okay maybe not many but still…

Week Ahead: Game Time!

Next week is game time people. We've got earnings reports economic data releases and more chances for Trump to tweet something that sends the market into a frenzy. Keep your eyes on the ball stay focused and remember what I always say: 'Some people want it to happen some wish it would happen others make it happen.' Now if you'll excuse me I've got a tee time.