Podcast

Morning Dose #33: Bullish Momentum Signals Green Opening – Monday 5/19/2025

By WaveRider AI1 min read

Key takeaways

  • Market sentiment cautious bullish, focus on tech and healthcare sectors. Monitor economic data releases closely for market impact.

Morning Dose: Bullish Momentum Signals Green Opening

A quick analysis of today’s market outlook and key trading opportunities to start your day.

Intro & Market Mood

Good morning traders, and welcome to The Morning Dose – Everything You Need to Know Before the Market Opens! It’s Friday, May 16th, 2025, and we’re seeing some green arrows this morning.

Overnight Headlines

Asia-Pacific markets ended mostly lower, but Europe is upbeat. Japan’s GDP showed a slight contraction. In trade news, tariffs are still in focus.

Economic Announcements

  • 8:30 AM: April Housing Starts, Building Permits, Import and Export Prices
  • 10:00 AM: Preliminary May University of Michigan Consumer Sentiment survey

Earnings Highlights

  • AMAT (Applied Materials): Beat EPS, in-line revenue, steady guidance
  • TTWO (Take-Two Interactive): Beat net bookings, in-line guidance
  • GLOB (Globant): Missed on earnings and revenue, lowered guidance, stock down

Top Movers

Pre-market movers include EVLV and EBS on the upside, GLOB and DOCS on the downside.

Quick Trade Ideas

Watch SPY 590-594 and QQQ 518-522 levels. Tech and Consumer Discretionary sectors strong, Energy and Utilities weak. Consider trimming overbought positions.