The Club's top 10 things to watch in the stock market Monday

The Club's 10 things to watch Monday, June 29 — Today's newsletter was written by Jeff Marks, the Club's director of portfolio analysis. 1. S & P 500 and Nasdaq futures are higher this morning, recovering some of last week's losses, after the U.S. and Iran agreed to stop military strikes following a recent flare-up. President Donald Trump said on Truth Social that a meeting with Iran will take place tomorrow in Doha, Qatar. Oil is slightly higher. 2. We're coming off a rough and volatile week for the AI trade, especially the megacap tech companies funding a large chunk of the data center buildout. What's next? Jim Cramer devoted his Sunday column for Investing Club subscribers to answering that question. 3. Club name Honeywell completed its long-awaited breakup, spinning off its aviation and defense business into a standalone company called Honeywell Aerospace (ticker: HONA). The remaining Honeywell Technologies , which will keep the HON ticker, is focused on industrial automation. We plan to own both for the Club. Melius initiated coverage of HONA with a buy rating and a $306 price target. Cowen and Wolfe Research are out with holds. 4. A bunch of initiations for Quantinuum , the Honeywell-backed quantum company that went public on the Nasdaq earlier this month. Cantor, Bank of America, Jefferies, and UBS all started with buys. Morgan Stanley went with a hold. We don't own QNT (a bit too speculative for us). …