Podcast
Morning Dose #63: Market Ready Knocking on All-Time Highs with China Trade … – Friday 6/27/2025
Key takeaways
- Cautiously bullish sentiment prevails with tech and cyclicals leading the charge. Stay vigilant on market levels and maintain a smart, selective trading strategy.
Morning Dose: Market Ready Knocking on All-Time Highs with China Trade …
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, June 27th, and futures are pointing higher, with the S&P 500 on the verge of a new all-time high.
Overnight Headlines
- China Trade News: Reports indicate a consensus in principle between President Trump and China, boosting market optimism and driving a risk-on sentiment.
Economic Announcements
- 8:30 AM Data: Personal Income and Spending figures for May, highlighting the PCE Price Index as a key inflation indicator.
- 10 AM: Final consumer sentiment reading for June expected to show a positive increase.
Earnings Highlights
- NIKE (NKE): Beat on Q4 earnings, driving the stock up over 10% pre-market, despite concerns over margin compression and domestic revenue decline.
- Amazon (AMZN): Upgraded to Outperform and gains from carrying Nike products.
- Boeing (BA): Also upgraded to Outperform, with stocks climbing over one percent.
Top Movers
- Losers: Achieve Life Sciences (ACHV) down nearly 20% due to a stock offering, and Concentrix (CNXC) down about 7% on an earnings miss.
Quick Trade Ideas
Watch SPY for key support and resistance levels. Look for selective long setups in strong sectors like communication services, semiconductors, and consumer discretionary.