Podcast
Next Day Prep #45: Tech Heavyweights Drive Market Surge – Monday 6/9/2025
Key takeaways
- Stay cautious with market volatility rising. Focus on stock selection, maintain discipline with stops, and watch key levels closely for trading opportunities.
- Thank you for tuning in to Next Day Prep for insights and strategies to navigate the markets effectively!
Next Day Prep: Tech Heavyweights Drive Market Surge
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
Welcome to Next Day Prep – What We Are Watching Tomorrow! Market sentiment is cautiously bullish with a slight air of uncertainty.
Overnight Headlines
- TSLA (Tesla): Up over 4.5%, back above its 50-day moving average.
- AMZN (Amazon): Hit its best level since late February.
- SOXX (PHLX Semiconductor Index): Up 2%, with standout performers like QCOM (Qualcomm) up over 4%.
Economic Announcements
China’s deflationary CPI and PPI readings, and a drop of over a third in exports to the U.S., signal economic challenges.
Earnings Highlights
- AON: Reaffirmed full-year 2025 outlook.
- ARCB: Reported a 6% increase in daily shipments year-over-year for Q2 in asset-based segment.
- MCK: Increased fiscal year 2026 adjusted EPS guidance.
Top Movers
Upgrades: SCHW (Charles Schwab), OKLO; Downgrades: LULU (Lululemon), TSLA (Tesla). Warner Bros. Discovery to split into two companies.
Quick Trade Ideas
- Continuation Breakouts: NVTS (Navitas Semiconductor), KORU (Karora Resources).
- Anticipation Setups: MSFT (Microsoft), NET (Cloudflare), RIOT (Riot Platforms).