Podcast

Next Day Prep #147: **Bulls Strike Back Technical Clues Signal Shift** – Friday 11/7/2025

By WaveRider AI1 min read

Key takeaways

  • Extreme caution advised despite strong index close. Focus on proven strength, be selective, know your levels, and manage risk in this trader’s market.

Next Day Prep: **Bulls Strike Back Technical Clues Signal Shift**

A quick analysis of today’s market outlook and key trading opportunities to start your day.

Market Briefing: What to Watch Tomorrow

Intro & Market Mood

What a wild ride to end the week! Bulls managed to pull out a win at the bell after a technical victory where the S&P 500 dipped below its 50-day moving average but closed at the highs of the day.

Overnight Headlines

  • S&P 500 and Dow closed higher, but internals are cautious.
  • Winners: Energy, Utilities, Materials, and Staples.
  • Losers: Communication Services and weak Tech sector.

Economic Announcements

  • Main Events for Next Week: Thursday – CPI inflation report, Friday – PPI and Retail Sales.

Earnings Highlights

  • Expedia – Beat on earnings, raised guidance, stock up 17%.
  • Weakness: Take-Two Interactive, The Trade Desk, Microchip down amid growth names.

Top Movers

  • Strength in MOD in the industrial space.
  • Quality growth in software: MDB and ZS showing resilience.
  • Defensive play: CAH in healthcare holding up well.

Quick Trade Ideas

  • MOD: Look for push towards 160.
  • MDB & ZS: Potential for further upside.
  • CAH: Defensive pick holding strong.