Factors Influencing Market Trends This Week
Seeking Alpha’s Calls Of The Week
Reddit (RDDT) Results – Excellent Time To Load Up The Truck. Hubbell (HUBB): AI Tailwinds Are Driving A Demand Recovery. CrowdStrike’s (CRWD) Sky-High Price Dulls My New Optimism. BCE Makes It Official: Why 56% Dividend Cut Is Good News. PEO: A Closed-End Oil And Gas Fund Now Yielding 10.5%. Palantir’s (PLTR) Warning Sign You Can’t Ignore Any Longer. Limited Upside for Apollo Amid Investment Spread Pressures. Nutrien (NTR) Earnings – Expect More Near-Term Pressure. Marvell Technology (MRVL) Likely Lost A Major Design Win. COPX: Possible Scrap Export Curbs Complicate Copper Trade.
Weekly Movement
U.S. Indices
- Dow -0.2% to 41,249
- S&P 500 -0.5% to 5,660
- Nasdaq -0.3% to 17,929
- Russell 2000 +0.1% to 2,023
- CBOE Volatility Index -3.4% to 21.9
S&P 500 Sectors
- Consumer Staples -1.1%
- Utilities +0.5%
- Financials +0.1%
- Telecom -2.4%
- Healthcare -4.3%
- Industrials +1.1%
- Information Technology +0.3%
- Materials -0.4%
- Energy +0.4%
- Consumer Discretionary +0.8%
- Real Estate -0.8%
World Indices
- London -0.5% to 8,555
- France -0.3% to 7,744
- Germany +1.8% to 23,499
- Japan +1.8% to 37,503
- China +1.9% to 3,342
- Hong Kong +1.6% to 22,868
- India -1.3% to 79,454
Commodities and Bonds
- Crude Oil WTI +4.7% to $61.02/bbl
- Gold +3.1% to $3,344/oz
- Natural Gas +4.6% to 3.795
- Ten-Year Bond Yield -0.2 bps to 4.381
Forex and Cryptos
- EUR/USD -0.42%
- USD/JPY +0.28%
- GBP/USD +0.26%
- Bitcoin +7.4%
- Litecoin +18.8%
- Ethereum +27.8%
- XRP +7.9%
Top S&P 500 Gainers
- Insulet (PODD) +21%
- Charles River Laboratories International (CRL) +17%
- Rockwell Automation (ROK) +16%
- Microchip Technology (MCHP) +15%
- The Walt Disney (DIS) +15%
Top S&P 500 Losers
- Vertex Pharmaceuticals (VRTX) -15%
- Regeneron Pharmaceuticals, Inc. (REGN) -13%
- Moderna, Inc. (MRNA) -12%
- Match Group (MTCH) -11%
- Eli Lilly and Company (LLY) -11%
Market Outlook
Where will the markets be headed next week? Share your insights in the comments section.
