Podcast

Morning Dose #171: Gold Morning Salesforce Earnings Spark Rally – Thursday 12/4/2025

By WaveRider AI1 min read

Key takeaways

  • Monitor 8:30 AM data releases closely for market impact.
  • Watch SPY at 680 support level and opportunities in Tech and Financials.
  • Stay nimble after data drops and avoid chasing the first candle.

Morning Dose: Gold Morning Salesforce Earnings Spark Rally

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

Trader’s Market Briefing

Intro & Market Mood

Good morning, traders! Welcome to The Morning Dose – Everything You Need to Know Before the Market Opens. Today is Thursday, December 4th, 2025. Let’s dive into the market ahead.

Overnight Headlines

  • Global sentiment: Asia and Europe markets saw positive movements with the Nikkei surging over two percent in Asia. German automakers led gains in Europe.
  • US Futures: Currently hovering around the unchanged mark, reflecting a ‘wait and see’ attitude with an underlying bullish tone.

Economic Announcements

Key data releases to watch today:

  • 8:30 AM Eastern: Weekly Initial Jobless Claims (expected around 220,000) and Trade Balance data.
  • 10:00 AM Eastern: Factory Orders report.

Earnings Highlights

Notable earnings reports:

  • Salesforce (CRM): Beat EPS estimates by 39 cents, positive Q4 guidance leading to over 1% pre-market rise.
  • Snowflake (SNOW): Beat estimates but disappointed with Q4 revenue guidance, down 7-8% pre-market.
  • Five Below: Impressive performance, beat by 43 cents, raised guidance, jumping nearly 4%.

Top Movers

Stocks to watch:

  • SPY: Support at 680, resistance at 685. Break above 685 could signal further upside.
  • QQQ: Support at 620, resistance at 625.

Quick Trade Ideas

Consider the following trade setups:

  • Continuation play in semiconductor sector.
  • Watch TIGR and AXGN for volatility opportunities.