Podcast
Next Day Prep #65: Tech Surge Propels NVIDIA & Broader Market Rally – Wednesday 7/9/2025
Key takeaways
- Stick with market leaders like Microsoft , watch for emerging setups like CrowdStrike , and consider high-risk plays such as TeraWulf . Manage risk, know your levels, and be prepared for market shifts.
Next Day Prep: Tech Surge Propels NVIDIA & Broader Market Rally
A quick analysis of today’s market outlook and key trading opportunities to start your day.
Intro & Market Mood
What a day for the bulls! The Nasdaq hit a new all-time high, with tech stocks leading the charge.
Overnight Headlines
- NVIDIA hits a staggering four trillion dollar market cap, setting the tone for the session.
- Strong performances from Broadcom, Meta, Amazon, and Microsoft after NVIDIA’s spark.
- The bond market saw the 10-year yield drop significantly to 4.34%, boosting growth stocks.
Economic Announcements
Market shrugged off inflation fears from tariff talks, providing a major tailwind for big growth stocks amid falling rates.
Earnings Highlights
- RxSight (R-X-S-T) down almost thirty-eight percent after missing revenue estimates for the second consecutive quarter, facing downgrades and a loss of investor confidence.
Top Movers
- Utilities led the day, with a boost from falling rates, while Energy lagged due to a classic rotation from cyclicals to growth plays.
Quick Trade Ideas
- Microsoft shows strong accumulation, potential breakout above $515, targeting $520 and $525.
- Martin Marietta (M-L-M) in a clear uptrend, watching for an entry near $565 with a target around $580.
- CrowdStrike (C-R-W-D) presents a strong tech breakout opportunity with support at $510.
- TeraWulf (W-U-L-F) exhibiting high-momentum potential breakout above $5.