Podcast
Morning Dose #74: NVIDIA Fuels Market Surge Ahead of CPI Data – Tuesday 7/15/2025
Key takeaways
- Mood: Cautiously bullish but overbought. Stay nimble and avoid chasing extended names. Be prepared for market shifts post-CPI data.
Morning Dose: NVIDIA Fuels Market Surge Ahead of CPI Data
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
Futures are pointing to a higher start, and NVIDIA is lifting market sentiment pre-market, up over four and a half percent on news of H20 chip approval in China.
Overnight Headlines
- Big banks like JPMorgan & Wells Fargo beat EPS expectations, but stocks are trading down, showing market scrutiny.
- The focus remains on the upcoming June CPI data at 8:30 Eastern, a pivotal event that will impact inflation narratives.
- EU preparing countermeasures to U.S. tariffs targeting cars and planes, with trade tensions simmering.
Economic Announcements
Key event: June CPI data at 8:30 expected to shape market sentiment around inflation and potential central bank actions.
Earnings Highlights
- JPM and WFC beat EPS, but stocks trading down pre-market.
- BLK posted a solid beat, while STT missed significantly, causing hesitance in financial sector.
Top Movers
- TTD soaring nearly 14% due to S&P 500 inclusion on Friday; front-running index fund activity.
- ORGO and MDXG down over 20%, while SLP shows weakness despite beating on earnings.
Quick Trade Ideas
Focus on tech and communication services for strength; prepare for volatility post-CPI data release.