The U.S. is going to bake.
According to The Weather Channel, “A dangerous, widespread heat wave will bake the central and eastern U.S., bringing the hottest temperatures of the year and uncomfortably muggy air to the Midwest and Northeast that in some areas could last into much of next week.”
Some locations could top 100 degrees, they added – including Denver, Boston, New York City, Philadelphia and Washington D.C.
So, try to stay cool.
Unfortunately, along with the heat, we could also see blackouts across the country. All of which could fuel upside in generator stocks like Generac Holdings (SYM: GNRC) – a $7.42 billion manufacturer of backup power generation products.
We also have to consider that GNRC is a beneficiary of hurricane season – which can lead to substantial power issues. And from what we’re hearing from the National Oceanic and Atmospheric Administration (NOAA), an above-normal hurricane season is expected.
In fact, “The agency is forecasting a range of 13 to 19 total named storms (winds of 39 mph or higher). Of those, 6-10 are forecast to become hurricanes (winds of 74 mph or higher), including 3-5 major hurricanes (category 3, 4 or 5; with winds of 111 mph or higher). NOAA has a 70% confidence in these ranges,” they added.
All of which could easily fuel upside in generator stocks like Generac Holdings.
Editor Note: Big Changes to Social Security (July 22 deadline) from Altimetry.
In a stunning move, President Trump has authorized an AI-led transformation of federal agencies, including Social Security — and his plan is set to roll out July 22.
What’s coming next isn’t about trimming waste.
It’s about automating entire federal agencies — including the SSA — using Elon Musk’s AI playbook.
This is no longer a political debate. It’s happening.
And the decisions being made right now could determine how your retirement income is calculated, taxed, or even delayed.
It’s why Wall Street is scrambling to move money into the few firms with government AI contracts.
To see the full playbook and how it could impact everyone, click here.
