Podcast
Next Day Prep #49: Tech Sector Alert Tech Weakness & Payment Threats – Friday 6/13/2025
Key takeaways
- Market sentiment is currently driven by geopolitical risks and oil prices. Tech and Energy sectors remain crucial. Traders should stay nimble amidst ongoing uncertainty.
Next Day Prep: Tech Sector Alert Tech Weakness & Payment Threats
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! Friday, June thirteenth, the market was heavily influenced by geopolitical tensions, overshadowing previous market concerns.
Overnight Headlines
- Israel striking Iranian facilities led to an oil spike and stock downturns.
- Sectors like Financials and Technology faced selling pressure, while Energy emerged as a winner.
Economic Announcements
Monday’s economic calendar includes the Empire State Manufacturing survey for June at 8:30 ET, indicating a potential improvement.
Earnings Highlights
- Adobe (ADBE) had positive results, beating earnings and raising guidance.
- PROS Holdings (PRO) faced significant decline following a debt restructuring announcement.
Top Movers
The Russell, Dow, Financials, and Technology sectors faced notable movements, while Energy sector saw significant gains.
Quick Trade Ideas
- Continuation plays: Microsoft (MSFT), Regeneron (REGN), Alnylam (ALNY) & Palantir (PLTR).
- Anticipation setups: Navitas Semiconductor (NVTS) & Cisco (CSCO).