Podcast
Morning Dose #1: Trade War Turmoil Sparks Flight to Safety – Friday 3/28/2025
Key takeaways
- Watch out for the PCE data as it’s expected to shape today’s market narrative amid lingering concerns over tariffs.
- That’s all from The Morning Dose . Have a successful trading day!
Morning Dose: Trade War Turmoil Sparks Flight to Safety
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood:
The Morning Dose brings you a briefing before the market opens. Today, futures are pointing lower amid tariff anxieties, leading to mega-cap weakness and trade policy uncertainty.
Overnight Headlines:
- Asian and European markets closed lower due to tariff concerns globally.
- Federal officials are considering potential agency staff cuts, while Musk and team claim to reduce government spending.
Economic Announcements:
Today’s highlight is the PCE Price Indexes release at 8:30 ET, a crucial inflation gauge favored by the Fed that is expected to impact the market.
Earnings Highlights:
- Lululemon beat on earnings but softened guidance, leading to a pre-market decline of over 11%.
- Oxford Industries had a similar story with a beat but a cautious outlook that spooked investors.
- Braze stood out with strong earnings, raised guidance, and an acquisition announcement, boosting the stock over 10%.
Top Movers:
- Movers Up: MEC up over 20%, AGX showing strength on earnings.
- Movers Down: LULU and OXM hammered, while ECX down over 20%.
Quick Trade Ideas:
Consider a play on the AI space following Braze‘s strength but remember to stay nimble in this swiftly changing market environment.