Podcast

Morning Dose #36: Overachieving Amer Sports Surges 10%! – Wednesday 5/21/2025

By WaveRider AI1 min read

Key takeaways

  • Overall market sentiment is cautiously bullish, with key levels at $590 support for SPY and $595.50 resistance. Stay nimble, focus on quality names.

Morning Dose: Overachieving Amer Sports Surges 10%!

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’s Tuesday, May 20th, 2025, and we’re looking at a bit of a subdued start this morning.

Overnight Headlines

Futures on the S&P 500 are trading about nine points below fair value following a rebound yesterday despite initial credit rating concerns.

Economic Announcements

Global markets seemed calm after China’s expected rate cut while Japan showed limited liquidity with high bond yields.

Earnings Highlights

  • Home Depot (HD) up 2.1% post-reports, reaffirming guidance.
  • Amer Sports (AS) soaring over 10% on Q1 beat and raised outlook.
  • Cigna (CI) stabilizing EPS guidance, HP Enterprise (HPE) upgraded, AES downgraded.

Top Movers

Asia-Pacific markets mostly up with central bank actions; Europe trading green amid varied economic data perceptions.

Quick Trade Ideas

Futures soft and commodities fluctuating. Focus on tech and healthcare sectors for bullish momentum.