• Market Movers Morning Brief

  • Apr 29 2025
  • Duración: 3 m
  • Podcast

Market Movers Morning Brief

  • Resumen

  • Fresh news and strategies for traders. SPY Trader episode #1129. Good morning, market movers! It's 6 am on Tuesday, April 29th, 2025, and you're tuned into Spy Trader with your pal, Penny Stockington! Let's dive into what's shaking the markets today. First off, we saw a bit of a mixed bag yesterday. The Dow and S&P 500 managed to squeeze out a fifth straight day of gains, but the Nasdaq took a breather and dipped slightly. Remember that rally we had going? Well, analysts are saying we might be hitting a wall. Unless we see some real movement on those trade deals, further gains might be tough. One strategist even thinks the S&P 500 could drop 10% if it retests previous lows. So, buckle up! Looking at sectors, yesterday Aerospace & Defense soared, up almost 5%! Transport Services and Diversified also had a good day. On the flip side, Aviation really took a nosedive, down over 3%, with Power and Utilities also lagging. Now, let's talk news. Trade is still the big kahuna. The Trump administration is hinting at easing tariffs, but it's all talk for now. Remember, tariffs are a doubleedged sword. China says they're hurting their airlines and even Boeing! And Porsche is having to cut its profit outlook because of those pesky US tariffs. Earnings season is in full swing! We've got a ton of big names reporting this week, like Apple, Amazon, Microsoft, Meta Platforms, ExxonMobil, CocaCola, and McDonald's. Keep an eye on those reports! UPS stock jumped after a good earnings report, but they're cutting jobs because Amazon is using them less. And GM, while beating forecasts, is down because they are revising future expectations due to tariffs. As for the Federal Reserve, Trump's still pushing for those rate cuts, but it looks like the Fed is holding steady for now. What's a market analyst's favorite drink? A graphtini. On the macro front, things are slowing down a bit. GDP growth is expected to be sluggish this year and next. Economists are bracing for a report showing the US economy slowed in the first three months. Plus, consumer sentiment has taken a dive to levels not seen since the '80s! As for specific companies, Boeing got a boost from an analyst upgrade, but Apple is facing tariff headwinds. Amazon's estimates are getting trimmed because tariffs might impact their sales. Meta's dealing with the usual regulatory headaches. So, what's Penny's take? I'm leaning towards caution, folks. The trade situation is still murky, and the economy is showing signs of slowing. I would suggest diversifying your portfolio, maybe consider some international stocks. Defensive sectors like healthcare and consumer staples might be a good bet right now. Keep a close eye on those trade developments and earnings reports. One smart move might be to trim your equity exposure and hold more cash. Remember, this isn't financial advice; it's just your pal Penny sharing some thoughts. Do your own research, and happy trading!
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