Published on: July 16, 2026

NetWorth Radio Advance Report - July 20, 2026

In this NetWorth Radio Advance Report, Spencer McGowan, President of McGowanGroup Asset Management, delivers financial news and intelligence with insights you can act on for July 20, 2026.

Advance Report

Radio Show

Executive Summary

*Headline Round Up! A global fast paced tour of the financial markets and top headlines this week.
*FIFA Football Fortunes! Top player’s net worth and country.
*The Texas Energy Infrastructure Revolution:  Impact of Russian refinery decimation and Iran war updates.
*Summer Wealth Planning Season: 10 Stages of Estate Planning and mid-year tax planning updates.

 

Join Us for The Latest Financial Headlines and Valuable Research from The McGowanGroup. Built for Investors by Experienced Portfolio Managers!
Click here to get the monthly newsletter

 

Financial Headline Round Up!

*TEXAS! Refiners Are Minting Money!  Ukraine Taking Out Russian Refinery and Energy Infrastructure.
*TEXAS! 5 Energy Stocks Riding Texas Data Center Power Boom.
*Oops: SpaceX Shares Below IPO Price.
*Trump Vows to Escalate Attacks Until Iran Allows Strait of Hormuz Free Passage.
*Borrowing Spree:  $250 Billion in AI Bonds.
*IBM Loses $69 Billion of market cap in One Day.  AI Overspending and Earnings/Revenue Disappointments.
*BIG BANKS BIG PROFITS!
*June Deflation. 

 

The Charts and Graphs Featured in This Week’s Show

S&P 500 Index Earnings Analysis (5/16/2026 – 7/16/2026)

– Courtesy of Bloomberg LP

S&P 500 Index Member Ranked Returns (6/30/2026 – 7/16/2026)

– Courtesy of Bloomberg LP

West Texas Intermediate Crude Futures (12/31/2025 – 7/16/2026)

– Courtesy of Bloomberg LP

Nymex First Month 321 Crack Spreads (7/17/2021 – 7/16/2026)

– Courtesy of Bloomberg LP

DOE Total Change in US Crude Oil Inventories per Week over 5-Year Period (7/16/2021 – 7/10/2026)

– Courtesy of Bloomberg LP

DOE Total Change in US Distillate/Refined Petroleum Inventories Weekly over 5 Years (7/16/2021 – 7/10/2026)

– Courtesy of Bloomberg LP

US Distillate Fuel Oil Inventories: Recent Trend (2026) vs. 5-Year (2021–2025) Normal Range Context (2021 – 2026)

– Courtesy of Bloomberg LP

Invesco QQQ Trust Series 1 (Nasdaq 100 ETF) Daily Candlestick Chart (7/16/2021 – 7/10/2026)

– Courtesy of Bloomberg LP

State Street SPDR S&P 500 ETF Trust Daily Candlestick Chart (6/30/2026 – 7/16/2026)

– Courtesy of Bloomberg LP

Financial Research Round Up!

Get on the free subscription list today.

*The 5-Step Inheritance Checklist
*AllianceBernstein: Deep Value Shines After Years of Tech Dominance!
*Cohen and Steers: Epic Fury Impacts on Real Assets!
*Morgan Stanley: Artificial Intelligence: Ten Investment Truths.

Start the Process Today! Be sure to indicate what size portfolio sample you would like to see. A link will arrive when we receive your questionnaire.

Start the process of updating your investment plan today.