Podcast
Morning Dose #86: Market Alert Record Highs, Trade Tensions, and Earnings S… – Tuesday 7/29/2025
Key takeaways
- Today presents a battleground for traders with strong earnings but also major disappointments. Market awaits key economic data and earnings reactions to set the tone for the week.
- Pay close attention to the 10 AM data releases for potential market direction cues.
Morning Dose: Market Alert Record Highs, Trade Tensions, and Earnings S…
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
Futures are pointing to a modestly higher open, trying to build on yesterday’s record highs for the S&P and Nasdaq. But it feels a bit like the market is holding its breath.
Overnight Headlines
- France President’s comments on U.S. and E.U. trade deal.
- Market cautious amid U.S.-China trade talk uncertainties.
Economic Announcements
Today is filled with key economic data releases:
- 8:30 AM – Advance Economic Indicators
- 9:00 AM – Home Price Data
- 10:00 AM – Consumer Confidence & JOLTS Job Openings Report
Earnings Highlights
Major earnings updates:
- Boeing (BA): Up over 2% with increased production rates for 737 and 787 programs.
- Corning (GLW): Popping more than 5% on beating expectations and raised guidance.
- PayPal (PYPL): Solid beat and increased full-year guidance.
- UnitedHealth (UNH): Down over 3% on missed earnings and lowered guidance.
Top Movers
- Whirlpool (WHR): Down about 15% after poor earnings, revenue miss, and dividend cut.
- Union Pacific (UNP) and Norfolk Southern (NSC): Major acquisition news in the railroad industry.
- Baker Hughes (BKR) and Chart Industries (GTLS): Energy sector M&A news worth $13.6B.
Quick Trade Ideas
For S&P 500 (SPY): Watch support at 636.50 and resistance around 641.50.
For Nasdaq (QQQ): Look at support near 569.80 and resistance around 573.40.