Morning Dose #162: Green Futures Surge on Surprise Fed Lifeline – Friday 11/21/2025
Key takeaways
- Avoid chasing the initial pop at open; wait for the market to confirm strength. Watch for economic data releases like the November PMI reports and Consumer Sentiment index for market direction cues.
- Thanks for tuning in to The Morning Dose. Have a great trading day, everyone!
Morning Dose: Green Futures Surge on Surprise Fed Lifeline
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
Welcome to The Morning Dose! Everything You Need to Know Before the Market Opens. It is Friday, November twenty-first, and what a difference a day makes! Futures are pointing to a higher open after yesterday’s brutal reversal.
Overnight Headlines
This morning, there’s a bit of a lifeline. U.S. futures are green across the board, with S&P up about fifteen points and Dow futures climbing over two hundred, thanks to New York Fed President John Williams’ dovish commentary signaling possible rate adjustments.
Earnings Highlights
- Gap: Beat expectations and raised guidance, up over four percent pre-market.
- Ross Stores: Strong beat and raise, up over three percent.
- Intuit: Big beat on earnings and revenue, but mixed guidance.
- Elastic & Veeva Systems: Beat on numbers but hammered pre-market for disappointing guidance.
Top Movers
Dillard’s: Announced a special dividend of thirty dollars per share, stock ticking up on the news.
Quick Trade Ideas
Be cautiously optimistic as short-term momentum looks bullish, but watch for key levels like support at 650 and resistance near 656 for the SPY. Tech and energy sectors may show strength.