Top Pros' Top Picks 3/25/26

Mike Larson | Editor-in-Chief

Everything from stocks to bonds to gold and silver have rallied since late Tuesday, while crude oil has dipped. The dollar is modestly weaker, while Bitcoin and other cryptos are stronger.

Late-day news that the US sent Iran a 15-point truce plan – and that the US could agree to extend the current partial ceasefire beyond Friday – sent risk assets higher overnight and this morning. But many obstacles to peace remain. That’s why US WTI and Brent crude futures are still trading around 32% higher than a month ago even after the recent pullback.

WTI, Brent Crude Oil Futures (1-Mo. % Change)

Source: TradingView

For one thing, Iran continued attacking its Persian Gulf neighbors in the last 24 hours. For another, countries like Saudi Arabia and the United Arab Emirates are urging President Trump to keep hammering Iran to further weaken its capabilities to wage war. Another 3,000 US troops from the 82nd Airborne Division are headed to the Gulf, adding to the 2,200-strong 31st Marine Expeditionary Unit that should arrive in the region at the end of this week.

Could SpaceX soon take the next step to becoming a public company? The Information reported the private space launch company controlled by Tesla Inc. (TSLA) CEO Elon Musk could file its Initial Public Offering (IPO) prospectus this week. SpaceX reportedly wants to raise as much as $75 billion, higher than earlier market expectations of $50 billion. The IPO could launch as early as June.

Finally, pharmaceutical giant Merck & Co. (MRK) said it would buy Terns Pharmaceuticals Inc. (TERN) for $6.7 billion. Merck is paying a 6% premium to where Terns stock closed yesterday. Terns is running clinical trials for a promising drug to treat leukemia, while Merck is trying to bolster its product line before patent protection expires on its blockbuster cancer drug Keytruda.

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MARKET OVERVIEW

S&P 500

6,556.37 (-0.37%) ↓

VIX

25.54 (-5.23%) ↓

Dow Jones Industrial Average

46,124.06 (-0.18%) ↓

Gold

$4,561.20 per ounce (+3.62%) ↑

Nasdaq Composite

21,761.89 (-0.84%) ↓

Oil

$87.75 per barrel (-4.97%) ↓

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TOP INVESTING IDEA

Live from the 2026 MoneyShow Las Vegas, I sat down with Oliver Renick (Chicago: Future of Finance) and Cullen Roche (Discipline Funds) to talk about how investing is changing and how your portfolio should change with it.

We cover Cullen’s new book Your Perfect Portfolio, why there’s no single “perfect” strategy, and how to think about diversification in a market full of rotation, volatility, and big valuation gaps between the US and global stocks.

Meanwhile, Oliver breaks down the rise of the “pro-tail” investor, how options and convexity are reshaping portfolio construction, and why AI is changing correlations across stocks, gold, and Bitcoin. 

Early Bird Hollywood Pricing Expires THIS Week; Get Your Pass Today!

You’re almost out of time. “Early Bird” pricing on our 2026 MoneyShow Masters Symposium Hollywood Florida expires THIS week!

After Thursday, March 26, Standard and Preferred Passes will cost you $100 more. So, don’t wait! Lock in your pass of choice here today...

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FEATURED PICKS FROM MONEYSHOW EXPERTS
  • SPX: Playing a Waiting Game (and Watching for a Washout)
    👉️ TICKER: SPX
    Investors are being forced to play a waiting game since the war isn’t over, Q1 earnings reporting season doesn’t (unofficially) start until April 14, and the next Federal Reserve policy meeting won’t occur until the end of April. Not surprisingly, investors are now wondering if they should buy, bail, or just bide their time, observes Sam Stovall, chief investment strategist at CFRA Research.

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LARSON'S LINKS
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UPCOMING EVENTS